Here we have a coin thats hit a bottom to the level it dropped to when first listed, back in December last year. 300% profit potential with this coin.
Its been in a downward trend for around a month, but now we see a very bullish divergence, and we expect to see lift off.
The daily chart looks great, really great and the 4H shows us the same......
You have the 20 and the 50ema sitting under price and just about to cross, this is the signal we need to let us trade, as we are still in a downward trend but this should be change of trend point.
Targets are green horizontal lines and If we break these I will update more.
Stop loss below the black line, but wait until candle closes over it before setting. With the trade until done....
I have already entered and expect to see good things, is there a risk? Yes that we hit stop loss, if the 4h closes over the black line set it below at this point but not prior. Safe entry is after the 4H candle closes.
This is not something I expect to smash targets over night this trade will take time but charts look great.
Cash Is King! Here to work for you and trade with you!