this might be a local dip, I'll give it a chance: btc long idea
sorry for the messy chart, I was in a hurry.
This idea is only valid if we fall below the red line. stop is 1 hr close
we might be in a small accumulation and near a early spring. if the price falls below, we might see a wild spring area bouncing in the green area below. So this means, we have a local dip, and might go up to the same entry as this accumulation's target. I'll give it a chance.
This idea is only valid if we fall below the red line. stop is 1 hr close
we might be in a small accumulation and near a early spring. if the price falls below, we might see a wild spring area bouncing in the green area below. So this means, we have a local dip, and might go up to the same entry as this accumulation's target. I'll give it a chance.
Note
if its too good to be true in a single candle, be sure to lock some profits =) Note
this is not a perfectly based one, but went well. stop to midrange, 54233 : Note
so we reached the first resistance, but this is enough for me. I prefer to lock profits and close my entire position here. Cheers !
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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.