In my opinion, i almost use a timeframe, 4h and 12h. and apart from these tools like EMA series, i use more other tools to analyze cryptocurrency. According to my own indicator, significant line started to turn to uptrend in 4h timeframe, and even gave me positive 'retest' signal in 12h timeframe.
and as we can see, a support & resistance line tells us that candle broke resistance line(number 1)
and at the same time, it could become support line from now. so i bet my bitcoin on LTCBTC as "buy"
hence, 0.009418 is my entry price. Let's wait and see how the candle will go.
and as we can see, a support & resistance line tells us that candle broke resistance line(number 1)
and at the same time, it could become support line from now. so i bet my bitcoin on LTCBTC as "buy"
hence, 0.009418 is my entry price. Let's wait and see how the candle will go.
Note
PS : let's wait and see as 4h timeframe and 12h as possible, rather than 1h or less :)Trade closed manually
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.