::I AM CONSiDERiNG TO GO LONG ON ETC IF iT BREAK ABOVE MY GOLDEN LiNE
PROS::
1. AT LEAST 5-10% PULLBACK SHOULD TAKE A PLACE
2. OBV HEADS UP
3. RSI DIVERGENCE
4. PHOENIX INDICATOR iS BULLISH
5. BULLiSH MOMENTUM 1H
6. PRiCE iS PERFECTLY ACCUMULATING UNDER THE GOLDEN LiNE
7.22 DAYS OF ACCUMULATION
CONS:
1. BEARISH MOMENTUM 4H
2. LONG INTO RESiSTANCE
3. ICHIMOKU RESISTANCE 4H
OVERALL:: IT MIGHT BE THE BOTTOM, BUT BTC DECIDES. CME GAP HASN'T BEEN CLOSED YET. WE CAN GO UP TO LiQUIDATE SHORTS, SO WE CAN GO EVEN LOWER AFTER THAT
PROS::
1. AT LEAST 5-10% PULLBACK SHOULD TAKE A PLACE
2. OBV HEADS UP
3. RSI DIVERGENCE
4. PHOENIX INDICATOR iS BULLISH
5. BULLiSH MOMENTUM 1H
6. PRiCE iS PERFECTLY ACCUMULATING UNDER THE GOLDEN LiNE
7.22 DAYS OF ACCUMULATION
CONS:
1. BEARISH MOMENTUM 4H
2. LONG INTO RESiSTANCE
3. ICHIMOKU RESISTANCE 4H
OVERALL:: IT MIGHT BE THE BOTTOM, BUT BTC DECIDES. CME GAP HASN'T BEEN CLOSED YET. WE CAN GO UP TO LiQUIDATE SHORTS, SO WE CAN GO EVEN LOWER AFTER THAT
Note
MOVED MY SL TO BREAK EVEN, SO IT'S NOT POSSiBLE FOR ME TO LOOSE iN THiS TRADE. SO NOW WHEN I DON'T HAVE ANY RISK I CAN CONCENTRATE ON THE ENTRY FOR ANOTHER TRADENote
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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.