Eithr breakout and close above the red dotted line cound indicate trend reversal...
or than another pull back towards orange line for trend reversal.
If not...well than it will be a mess :D
enjoy
or than another pull back towards orange line for trend reversal.
If not...well than it will be a mess :D
enjoy
Note
Opened long position @ 0.00048272... somehow I have good feeling about it.. If it droops more down I will open up another once it reached next marked buy zone zone.Note
Holding in the break out zone...Also nice volume coming in also 8 wicks ago including last...this couold mean something positive.Note
Like planned... Approaching the lower buy zone. If it can bounce from the channel (bottom orange line) we could have reversal because it has tried already to reverse the down trend. If it drops bellow channel... than it might test the historical resistance/support line (Black line)
Trade closed: stop reached
BTC movment so new chart required
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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.