UWMC Long
I heard about UWMC a while ago but never bothered with it because I didn't think it was time yet to go for it but here I am now :)
1. MACD shows bullish crossover.
2. Double bottom at 7,1-7,2 level.
3. There is a golden cross recently formed at 30-minute chart.
I will wait for further bullish signals because:
1. It hasn't broken out from the downtrend yet.
2. The RSI is pretty neutral.
If it breaks the trend at 8usd, then I might consider going in with a stoploss at 9,2-9,5.
I try to keep this as simple as possible as I, myself, am pretty new to market trading. If there is anything you'd like to criticize or if you just want me to simplify something, just comment.
This is not financial advice! Do your own DD!
1. MACD shows bullish crossover.
2. Double bottom at 7,1-7,2 level.
3. There is a golden cross recently formed at 30-minute chart.
I will wait for further bullish signals because:
1. It hasn't broken out from the downtrend yet.
2. The RSI is pretty neutral.
If it breaks the trend at 8usd, then I might consider going in with a stoploss at 9,2-9,5.
I try to keep this as simple as possible as I, myself, am pretty new to market trading. If there is anything you'd like to criticize or if you just want me to simplify something, just comment.
This is not financial advice! Do your own DD!
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.
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.