Long
BRD/BTC Bullish Engulfing on MASSIVE Volume!
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Hello Traders!
Hope everyone is doing excellent today! These market conditions are quite exciting and fun! So many opportunities!
BRD/BTC just closed a daily with a bullish engulfing candle and massive volume! In fact, there are only 3 days (see the vertical blue lines) in the history of this BRD that it have seen more volume. Each of those prior volume spikes let to a bullish run. Let's get this crypto!
My setup is to go long to the 0.618 Fibonacci, provided BRD closed above the yellow resistance zone and/or the red Daily 10SMA.
We can also see that stochastics have just crossed to the upside. Additionally, RSI just broke its exponential moving average.
Follow this channel now for more l33t day trading setups!
---
Entry: 0.00001210
Entry Zone: 0.00001186 - 0.00001229
T1: 0.00001263
T2: 0.00001352
T3: 0.00001559
T4: 0.00001725
T5: 0.00002170
T6: 0.00002495
T7: 0.00002925
Stop: 0.00001024
--
R:R: 9.22
Risk: 15.37%
Reward: 141.74%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
Hello Traders!
Hope everyone is doing excellent today! These market conditions are quite exciting and fun! So many opportunities!
BRD/BTC just closed a daily with a bullish engulfing candle and massive volume! In fact, there are only 3 days (see the vertical blue lines) in the history of this BRD that it have seen more volume. Each of those prior volume spikes let to a bullish run. Let's get this crypto!
My setup is to go long to the 0.618 Fibonacci, provided BRD closed above the yellow resistance zone and/or the red Daily 10SMA.
We can also see that stochastics have just crossed to the upside. Additionally, RSI just broke its exponential moving average.
Follow this channel now for more l33t day trading setups!
---
Entry: 0.00001210
Entry Zone: 0.00001186 - 0.00001229
T1: 0.00001263
T2: 0.00001352
T3: 0.00001559
T4: 0.00001725
T5: 0.00002170
T6: 0.00002495
T7: 0.00002925
Stop: 0.00001024
--
R:R: 9.22
Risk: 15.37%
Reward: 141.74%
---
Disclaimer:
This is not financial advice; I am not a financial adviser. This information is not meant to be used for financial advice, nor trade ideas. These posts are simply a record of my trade ideas and are intended for educational purposes only.
Note
T1: 0.00001263 - HIT (4.38% Gain) Let's get this crypto!T2: 0.00001352
T3: 0.00001559
T4: 0.00001725
T5: 0.00002170
T6: 0.00002495
T7: 0.00002925
Note
1H - 4H Stochastics are all erect. This is typically indicative of bullish continuation in the short term. 4H Stochastics are erect:
Note
3H Stochastics are erect!Note
2H Stochastics are erect: Note
1H Stochastics are also erect! Note
3H candles closing above the yellow 21EMA, which is acting as support. Price action also being held below the green 3H 55EMA. If we start closing above the green 3H 55EMA, then we should see continuation to the cyan 89EMA. If the 3H red 10SMA crosses above the yellow 3H 21EMA, that is showing bullish strength.
Note
We can also see an ascending triangle on the 5min chart. Let's go bullz!!!Note
The Measured Move of the flag pole could push price action through Target #2. Let's go Bullz! Bullz on parade!Note
Can find a nice entry at support, which is the top area of the blue support zone. Where price is currently sitting. Buy Support; Sell Resistance! <3
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.