Binance:OxBTC
I took a massive hit on this one before but it is part of the game and I learned alot because of taking some of its trade.
Green broken lines are 4hr time frame
Yellow straight lines are daily time frame
Red lines for stop losses
Potential Entry:
0.00015213 - 15555
Stop loss at:
0.00014610 (-5.81%)
Targets:
1st = 0.00017898 (+15.20%)
2nd = 0.00019587 (+26%)
Analysis:
RSI: 42.7
MacD: Far away from crossing over so wait is needed
Pullback is needed for this coin because it is already had a big run.
I'm a fan of short term trades but this one is different, Low risk is priority.
Trade at your own risk :)
I took a massive hit on this one before but it is part of the game and I learned alot because of taking some of its trade.
Green broken lines are 4hr time frame
Yellow straight lines are daily time frame
Red lines for stop losses
Potential Entry:
0.00015213 - 15555
Stop loss at:
0.00014610 (-5.81%)
Targets:
1st = 0.00017898 (+15.20%)
2nd = 0.00019587 (+26%)
Analysis:
RSI: 42.7
MacD: Far away from crossing over so wait is needed
Pullback is needed for this coin because it is already had a big run.
I'm a fan of short term trades but this one is different, Low risk is priority.
Trade at your own risk :)
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Patiently waiting for reversal confirmation so we can enter the trade , however, i will put a buy order on 0.00015213 because it is at daily support and will risk a little portion only.Note
Are we seeing a bullish engulfing candle at 1hr time frame? Let’s see if this will have a run .
My trade is now active with stop loss at 0.00014610.
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We just need to close our 4hr candle above 0.00016062 and we can say we are confirmed bullish on this chart!
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Alright! We closed above 16062 satts and now we are just waiting for volume for the run!Note
There is a big chance that we are having a double bottom on 1hr time frame, Let's see when the candle close at 4hr candle.
RSI is good because we currently oversold
MACD is far a way from crossing but anything can happen right now.
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On 1hr time frame , I'm seeing a Double Bottom and a Bullish Engulfing.
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We are having symmetrical triangle , Decision is near.
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Bullish it is!
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Alright, Some price action!
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Targets: 1st =**** 0.00017898 (+15.20%) **** Target reached May-20-2018
2nd = 0.00019587 (+26%)
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Looking for a good entry from this view :)
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Forming a bullish pennant. Has big chance to shot up again.
Trade closed: stop reached
Trade closing , already hit the stop loss before reaching the pump! Thanks for checking guys!
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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.