Short
TRIG/BTC - - - 30% PROFIT POTENTIAL
BUY IN: 0.00014600 - 0.00015000
SELL OUT: 0.00019000 - 0.00020000
FALL LOGIC
∎ TRIG falls to its support level between 0.00014600 and 0.00015500
We can tell this from:
- A DTR or Double Top Reversal chart pattern signaling the decline to the support line at the beginning of the "M" shape of the pattern
RISE LOGIC
TRIG rises to its previous high short-term support line between 0.00019000 and 0.00020000
∎ Long-term RSI readings tell us TRIG is severely oversold https://rsihunter.com/index.php?time=1w&exchange=binance&state=oversold&base=BTC
∎ The heavy resistance at 0.00014600 seems to cause a bearish reversal, especially in a more bullish BTC market
SELL OUT: 0.00019000 - 0.00020000
FALL LOGIC
∎ TRIG falls to its support level between 0.00014600 and 0.00015500
We can tell this from:
- A DTR or Double Top Reversal chart pattern signaling the decline to the support line at the beginning of the "M" shape of the pattern
RISE LOGIC
TRIG rises to its previous high short-term support line between 0.00019000 and 0.00020000
∎ Long-term RSI readings tell us TRIG is severely oversold https://rsihunter.com/index.php?time=1w&exchange=binance&state=oversold&base=BTC
∎ The heavy resistance at 0.00014600 seems to cause a bearish reversal, especially in a more bullish BTC market
Note
EDIT: Any BUY IN below 0.00015500 would work nicelyNote
BUY IN NOW. IT'S IN OUR GOLDILOCKS ZONE.
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.