Alış
STORJ/BTC-Retrace and Extend - Text book example.
The price action for this pair is a 'text book' play. This tells me professionals are entering the market.
Price retraced to a 0.382 of the move swing and long term resistance that became support (role reversal).
Price met the trendline - then on the 4 hr made a COT (change of trend) to confirm a Bullish move = HIgher highs and Higher lows. That's the entry. Lovely!
The targets could be 127% up to 400%. Scale when you reach your target.
Price retraced to a 0.382 of the move swing and long term resistance that became support (role reversal).
Price met the trendline - then on the 4 hr made a COT (change of trend) to confirm a Bullish move = HIgher highs and Higher lows. That's the entry. Lovely!
The targets could be 127% up to 400%. Scale when you reach your target.
Not
No so textbook - our trendline was broken however, I am seeing this pattern on many pairs where role reversal is tested several (3 times) before a bullish move. We have held support and I think now the Bulls will come to the party and take price up.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.