After patiently waiting for Wanchain to start retracing, we have now approached an ALT combined with a great bull divergence on the daily. Great for a quick trade of 30% (TP @ 4.2k (purple resistance line).
Order hit at 3.106k.
It's important to keep a close eye on bitcoin, and the fact that Wanchain made a new ATL, best keep this trade short. I will be taking profit at 4.2k and leave a small bag incase we go higher.
Most alts are hitting bottom, making new ATLs, and BTC dumps getting weaker, so it's also a great opportunity to start slowing scaling in. Until stronger reversal signals for BTC , there could always be the risk of alts hitting even lower, so only pick up small bags along the way! :)
Happy Trading!!
Order hit at 3.106k.
It's important to keep a close eye on bitcoin, and the fact that Wanchain made a new ATL, best keep this trade short. I will be taking profit at 4.2k and leave a small bag incase we go higher.
Most alts are hitting bottom, making new ATLs, and BTC dumps getting weaker, so it's also a great opportunity to start slowing scaling in. Until stronger reversal signals for BTC , there could always be the risk of alts hitting even lower, so only pick up small bags along the way! :)
Happy Trading!!
Not
Realized the mistake on the title "this is of course not a SHORT" ;)
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.