XVC-BTC on the Daily Chart - Interesting Setup
Updated
After the XVC-Runs, the Chart shows us a bearish flag...BUT it seems that theres a possible reversal nearly in front of us
We are already above the Bottom again. If we break through the first bearish flag lvl, we could see a short sprint to the resistance / bullish confirmation line.
Our Goal is to get this confirmation. As i always say, let the market confirm himself - so wait till the next candle after the first which breakthrough this line, confirms the Direction.
Optimal Entry-Zone:
Attention: If we enter the Market now, our Risk & Reward Ratio is already too high, so lets wait till the Market spoke out his decision
If we can enter in the Area, i've wrote - let's go and place your stop/loss as i've wrote
Target1:0.00008643
max. possible Target with High Risk: 0.00011802
Hint:
If we breakdown through the bearish flag level, we will go straight forward to the last lower bottom. This could be the next best Entry but dont forget the Trading-Volumeand dont forget to make your decision safe.
Good Luck to us in this interesting Setup over here
Regards
We are already above the Bottom again. If we break through the first bearish flag lvl, we could see a short sprint to the resistance / bullish confirmation line.
Our Goal is to get this confirmation. As i always say, let the market confirm himself - so wait till the next candle after the first which breakthrough this line, confirms the Direction.
Optimal Entry-Zone:
Attention: If we enter the Market now, our Risk & Reward Ratio is already too high, so lets wait till the Market spoke out his decision
If we can enter in the Area, i've wrote - let's go and place your stop/loss as i've wrote
Target1:0.00008643
max. possible Target with High Risk: 0.00011802
Hint:
If we breakdown through the bearish flag level, we will go straight forward to the last lower bottom. This could be the next best Entry but dont forget the Trading-Volumeand dont forget to make your decision safe.
Good Luck to us in this interesting Setup over here
Regards
Trade active
The interesting Setup got more interesting right now. It looks like VCash reached the Support Line (S1). The Volume, MACD and RSI and giving us Signals that the Road is still going Down. To get Buying Pressure for a possible reversal, we need some Volume - actually it looks like that Volume is flewing out.Updated Chart:
Will update soon, when the Chart is clearer to me and i suggest something with Substance
Good luck to us
Trade closed: target reached
As we reached our target - trade is closed. sorry a lil bit late.Good luck to us
Regards
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