MCO/BTC next try to get out. Anyone DCA? Trend Analysis
Updated
Hi Fellas,
this is my next Idea to be able to move some of my funds. I've made a trend channel but due to the actual situation I think this will go back to the small 50 retracement. Then there is again my buying area. I will wait for confirmation. If we cant hold it due to EMA resistance and missing volume I will keep an eye on it and look for another buy opportunity.
The red line is my "old" AVG price from a couple weeks ago (yes, weeks) and the green one will be the new AVG price. So I should be able to get out with apprx. 0.5-1% gain. If MCO pumps and the indicators gave me more confirmation I will hold.
Cheers,
bitcoin-089
this is my next Idea to be able to move some of my funds. I've made a trend channel but due to the actual situation I think this will go back to the small 50 retracement. Then there is again my buying area. I will wait for confirmation. If we cant hold it due to EMA resistance and missing volume I will keep an eye on it and look for another buy opportunity.
The red line is my "old" AVG price from a couple weeks ago (yes, weeks) and the green one will be the new AVG price. So I should be able to get out with apprx. 0.5-1% gain. If MCO pumps and the indicators gave me more confirmation I will hold.
Cheers,
bitcoin-089
Trade active
wating for next buy point. order been placed. So yes, i'm getting out.Trade closed: target reached
So, one and done. Took out a decent profit. Expected this one.Good luck trading.
bitcoin-089
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