Lets Hope The Sun Shines!
Updated
Here we have a new coin new chart new opportunity. Storm is the coin, charts looks good and slowly developing into what we want to see to make us some cash!
We have a bullish divergence but we are not ready to enter this coin yes due to the below, but we will prepare ourselves now.....
Ok so the chart tells us that we look to break high but we face resistance and it may be a day or 2 until we see the move.
When we cross the 50EMA we will have aggressive traders buying even based off the 1H chart, but we will be conservative. We need the volume MA to come down a little lower and have volume return into this coin before we even think about breaking.
We do not buy or enter this trade until we see a candle close over the blue line at this point we can enter. This is a trade we need to monitor before we can place a stop loss as the stop loss will be 1% below the blue line but we can't set this until the first 4H candle closes over the blue line. So you monitor this trade on the 4H charts after entering.
We expect a good day or 2 before we see an entry but its best I post this now so you can watch this trade develop.
Being a new coin we are always caution on entry and please be patient.
Cash Is King! We Love it, we need it so come join us and earn it!
We have a bullish divergence but we are not ready to enter this coin yes due to the below, but we will prepare ourselves now.....
Ok so the chart tells us that we look to break high but we face resistance and it may be a day or 2 until we see the move.
When we cross the 50EMA we will have aggressive traders buying even based off the 1H chart, but we will be conservative. We need the volume MA to come down a little lower and have volume return into this coin before we even think about breaking.
We do not buy or enter this trade until we see a candle close over the blue line at this point we can enter. This is a trade we need to monitor before we can place a stop loss as the stop loss will be 1% below the blue line but we can't set this until the first 4H candle closes over the blue line. So you monitor this trade on the 4H charts after entering.
We expect a good day or 2 before we see an entry but its best I post this now so you can watch this trade develop.
Being a new coin we are always caution on entry and please be patient.
Cash Is King! We Love it, we need it so come join us and earn it!
Note
You can enter this trade with caution, I think when I posted the trade it pushed it up a bit as It looked like it needed more time.Just means we may move slow at the beginning but either way this chart looks good and did before as well.
Stop loss just below blue line
Note
Storm has hit target 1, very strong buys coming in here.Note
Target 2 has been hit, expect a retrace after this candle.Note
We are getting a nice retrace preparing for the next move up.Note
Storm was aggressively bought up when first posted as you will see above I predicted this may need a day or so, we may see some sideways action on this coin.However even though its been sold off, its a fast mover, and volume is still there we just need some momentum to get a nice break high again.
Give this trade time it will develop, it was always going to break high and we will see further action.
Note
Many of you have banked profit at target 1 and 2 and we are still holding well above entry.....Always important to pull profits at targets.
Note
Here you would of made some profits hitting target 2 twice.Now we are trading back in the channel, this trade now reverts back to original instructions we wait for the same set up after BTC movement first candle to close over the blue line we buy.
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