Long
Long on NanoBTC Daily setup
Sharp buying off a daily pull back to the 20 EMA. Looks set to out perform bitcoin and good risk to reward off the todays price action.
Other factors
- Moment indicators neutral
- Fibonacci Confluence
- Bottom looks to be rounding out
- Broken and holding above resistance
- In a Daily uptrend
https://www.tradingview.com/x/mF04gQu7/
https://www.tradingview.com/x/2mkC4SLE/
https://www.tradingview.com/x/caffnWzg/
Other factors
- Moment indicators neutral
- Fibonacci Confluence
- Bottom looks to be rounding out
- Broken and holding above resistance
- In a Daily uptrend
https://www.tradingview.com/x/mF04gQu7/
https://www.tradingview.com/x/2mkC4SLE/
https://www.tradingview.com/x/caffnWzg/
Note
[img]Great area to get long if the original bounce was missed. Buy on a close and then you know where to put your risk (stop)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.