This idea is based on trend reversal.
EMA50 is about to cross over MA50, signals a potential uptrend.
We have a double bottom to support this trend reversal signal.
Short term targets are based on fib extension.
Long term targets are based on expected resistance from previous peaks.
You can save a portion to sell at new all time high.
Indicators:
- RSI is bullish
- MACD supports upward movement
Position can be opened in red box.
Stoploss is 0.0695
Good luck :)
EMA50 is about to cross over MA50, signals a potential uptrend.
We have a double bottom to support this trend reversal signal.
Short term targets are based on fib extension.
Long term targets are based on expected resistance from previous peaks.
You can save a portion to sell at new all time high.
Indicators:
- RSI is bullish
- MACD supports upward movement
Position can be opened in red box.
Stoploss is 0.0695
Good luck :)
Trade active:
First target reached
Trade active:
Second target reached
Trade active:
I will finish selling off ~90% of my position at the 3rd target
Trade closed: target reached:
:)
Trade closed: target reached:
Last 10% sold
Comment:
I will definitely be revisiting this coin in the future.
Trade active:
We can buy again at current price below $0.1.
Comment:
In healthy profit.
Target is previous high!
Target is previous high!
Trade closed manually:
Take small profits, get out.
