Long
POE/BTC Ehh...
Potential small capital trade based off the daily buy signal. Keep in mind, this is a raw reversal setup, a trade against the dominant trend thus much riskier then a trend following signal. I'm honestly more interested in price continuing down to fill my Bullish Orderblock around 63 sats, however a potential setup for the short-term is highlighted here.
Daily Confluent Factors - Bullish Hammer (Potential), Bullish Divergence (Unconfirmed), Daily Buy Signal (Unconfirmed). Daily candle needs to close to confirm these factors.
Daily Confluent Factors - Bullish Hammer (Potential), Bullish Divergence (Unconfirmed), Daily Buy Signal (Unconfirmed). Daily candle needs to close to confirm these factors.
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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.