Long
Updated

Who said trading is complex?

256
Hello guys,

Who needs Elliot Waves, bullish divergences, volumes, when you got cyclical trading?
This coins seems to have a cyclical pattern. Buy the buy area, and sell the sell area.


Now, if the buy area gets broken, trade gets invalidated, this is why stop loss will be below the buy area.

Simple, no?
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It's in buy zone, but considering BTC's state, I think we can hit the lower zone around 72 sats
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need to see some big buying in the following days to confirm a reversal
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Oh look! We got a fundamental stepping in to back our buy:
Coinbase potential listing.

To be quite honest, I don't know anything about this coin, bought it purely based on the chart. But that's reassuring!
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It's holding good, I think it can be a good entry
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snapshot

Bullish divergence daily.
3 Positive daily candles as well

Looking good so far, what we want to see is really high volume this week and growing green candles, else it becomes a bear flag and we go down more.
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I set my sell order at 135 satoshis.
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Lots of buy signals on this one. Just remember, I called it 1 month before them

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