HIGH REWARD LOW RISK PLAY!
I love this asset. It has been outperforming other Altcoins even during bitcoin’s small corrections. This is definitely one of my long holds.
Caution: long the breakout or bottom of ascending triangle for max risk/reward
Reasons to long:
-Bullish convergence in the macd
-Hidden bullish divergence on the rsi
-near the bottom of ascending triangle
-strong uptrend
-ascending triangle
- out performing other alt coins
- 31% target from bottom of triangle
- small risk (stop loss under demand line of ascending triangle)
HEY EVERYONE! If you enjoyed the idea, please give it a like. For more content like this please follow me :)
THANKS FOR YOUR SUPPORT!
I love this asset. It has been outperforming other Altcoins even during bitcoin’s small corrections. This is definitely one of my long holds.
Caution: long the breakout or bottom of ascending triangle for max risk/reward
Reasons to long:
-Bullish convergence in the macd
-Hidden bullish divergence on the rsi
-near the bottom of ascending triangle
-strong uptrend
-ascending triangle
- out performing other alt coins
- 31% target from bottom of triangle
- small risk (stop loss under demand line of ascending triangle)
HEY EVERYONE! If you enjoyed the idea, please give it a like. For more content like this please follow me :)
THANKS FOR YOUR SUPPORT!
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.
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.