A strong bullish pin off of a key support
A strong bullish pin formed off of a key support level that formed from the last swing low. Volume increased into the bar signalling increased buying into the setup. Also formed at a key price level 0.75.
Trade active
I am long @ .7490. Entered at a 50% retrace of the pin bar.Note
This is far from a sure bet due to the strong bearish trend in the short term, but still a very nice reversal signal with reversal potential.Note
There has been some short term bullish development with a double bottom that has formed over night. View my analysis on that setup here 
Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
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Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
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.