Big Trend Change In The Works?
Updated
There is 'potentially' a Inverted Head and Shoulders on the 15min time frame. Make sure to set a stop because it could certainly keep going down. Info is on the chart. Hit me with a like if you found the analysis interesting! I'll do my best to update the post if I see something meaningful.
Trade active
Bought the neckline break. Would like to see some more volume. Setting a tight stup right under the 15min higher low.Note
Holding the neckline but we aren't getting any follow through. If you want to be safe sell or have a tight stop. I think we're waiting on daddy bitcoin to make a move.Order cancelled
Trade is still active as its generally a decent entry if we hold $2.50, but this particular idea is out the window.Note
Looks like we're making moves. I'd say look for a test at $2.76-.77, if we can break that level we can head back towards $2.88-.89.Note
Moving stops up to just below $2.685 where hourly support is wouldn't be a terrible idea. The chance we're going down is much lower than it was in the $2.50's but you still never know for sure. Some profit is better than none.Note
I apologize for the white thumbnails on my ideas. I got in contact with support and found the issue was being caused by a VPN browser extension.
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