BOBA USD has a taste for $0.35 but its true target is above $2ATR is set to a 14D TF when using a 4HR TF. I need the overall picture so I retraced ATR lines so I can bring the chart to a 1D TF.
My ATR is detailed to my specific needs. Sometimes using the same timeframe as ATR, the idea chart can get corrupted.
Pay attention to this and it's very important if you are investing in BOBA you follow these instructions.
Add indicators:
Make sure Stoch is above the 25-level line
Make sure RSI is above level 50
Make sure the MA is set to 14 and candlesticks must be above the MA 14.
YOU MUST BE ON A 1-DAY VOLUME TIMEFRAME for BOBA. Each ALT restrictions apply
The strategy for this is not to sell until stoch is overbought and do not think for a moment about the "WHAT IF'S" like what if it goes higher. NO, get out when it's overbought.
As of now, Stoch meets the condition of level 25.
RSI is at 41 and needs to be at 50 or above
MA 14 is currently above the candlesticks
If BITCOIN continues to go bullish, then only you will know if you can tolerate a BOBA correction and then enjoy the pullback for a greater price.
If all these conditions are met then it's entry time. If you're not sure. Hit me up:). If conditions are not met but let's say two only got met then don't complain about how you got trapped.
Keep this strategy for entry
Currently, BOBA is at PIVOT LOW. If this was me, I'd enter and wait. Boba is a Smart Money ALT.
This ATR may say for now 35 cents but the reality of it, I can see BOBA going above and beyond $2.
My rocket blaster has placed the buying signals in the same zones where whales bought which are the green triangles.
If you do enter this trade. Do not sell for losses. Don't ever treat Crypto like a casino.