Long
BCY Idea
Updated
Wasn't sure about making this private or public but I think this looks pretty good.
I missed out on buying at ~8k from my previous chart so I've set up some buy orders for ~9k which should be hit if the trend follows as expected.
So you've got this clear triangle which is set to squeeze pretty soon, with maybe an ascending triangle if you take that mid level resistance but I'm not sure on that.
The green line is the long term support from way back when so this is a nice strong baseline for the price to go up.
Weekly RSI is sitting on oversold for a while now, and the price is sitting at the bottom of a pretty wide bollinger band so I'm really anticipating a nice increase in price.
I missed out on buying at ~8k from my previous chart so I've set up some buy orders for ~9k which should be hit if the trend follows as expected.
So you've got this clear triangle which is set to squeeze pretty soon, with maybe an ascending triangle if you take that mid level resistance but I'm not sure on that.
The green line is the long term support from way back when so this is a nice strong baseline for the price to go up.
Weekly RSI is sitting on oversold for a while now, and the price is sitting at the bottom of a pretty wide bollinger band so I'm really anticipating a nice increase in price.
Note
Bought in here at 9.3 I don't see it going much lower than 9k nowNote
Fucked up that idea, hoping to buy more at ~8k if the indicators around that time look good.Not planning on selling so I'll just hold this bag for a while
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