SANDUSDT_update_new analysis
Time - 06/ 03 /2021 13-00
Timeframe - 1D.
3 conditions must be met to open a deal:
1. MACD lines cross and there is a positive trend. - Don’t cross. I think we need to wait one or two days.
2. Candles close above MA 25.
3. MA 7 and MA 25 also crossed before, MA7 is above MA25.
Determine the resistance:
TP1=resistance - 0.43 (Hight price)
TP2=resistance - 0.56 (TP1+20%), growth quickly
TP3=resistance - 0.56 (TP1+30%)
SL1=support - 0.27
SL2=support - 0.19
SL3=support - 0.15
Next, determine the size for each TP as I think is best done:
Take profit 1 - 0.43 - 25 %
Take profit 2 - 0.56- 50 %
Take profit 3 - 0.56 - 25 %
Timeframe - 1D.
3 conditions must be met to open a deal:
1. MACD lines cross and there is a positive trend. - Don’t cross. I think we need to wait one or two days.
2. Candles close above MA 25.
3. MA 7 and MA 25 also crossed before, MA7 is above MA25.
Determine the resistance:
TP1=resistance - 0.43 (Hight price)
TP2=resistance - 0.56 (TP1+20%), growth quickly
TP3=resistance - 0.56 (TP1+30%)
SL1=support - 0.27
SL2=support - 0.19
SL3=support - 0.15
Next, determine the size for each TP as I think is best done:
Take profit 1 - 0.43 - 25 %
Take profit 2 - 0.56- 50 %
Take profit 3 - 0.56 - 25 %
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.