TRB / BitcoinLong
TRB Potential 80% move if .00071 level holds
Updated
Not financial advice
You can look at my previous charts where a move on USD pair can run to 25.00 with is still a 50% move here and a potential up to 27-30
So both BTC and USD pairs are in about conjunction with each other.
Trade idea moving forward.
Stop loss set right below the .00071 level
With take profits 1-3 highlighted in the Green on the chart.
We have 2 good indicators here flashing bullish signals
The Fisher and the RSI.
Bullish Divergence on the Fisher and a nice upward move on the triangle for the RSI.
So a move of up to 80% could happen
Of course this is contingent on the overall sentiment of the market.
So don't be Uber aggressive
Always practice patience
#PIK
Patience is Key
#TLAW
Think Like A Whale
You can look at my previous charts where a move on USD pair can run to 25.00 with is still a 50% move here and a potential up to 27-30
So both BTC and USD pairs are in about conjunction with each other.
Trade idea moving forward.
Stop loss set right below the .00071 level
With take profits 1-3 highlighted in the Green on the chart.
We have 2 good indicators here flashing bullish signals
The Fisher and the RSI.
Bullish Divergence on the Fisher and a nice upward move on the triangle for the RSI.
So a move of up to 80% could happen
Of course this is contingent on the overall sentiment of the market.
So don't be Uber aggressive
Always practice patience
#PIK
Patience is Key
#TLAW
Think Like A Whale
Trade closed manually
As you can see we are trading below the .00071 range and this idea was invalidated now I will wait for the .00035-.0004 range to create some support there so we are looking at a potential of a 50% loss to BTC pair moving ahead from here
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