Reasons to long: 1. Bullish SFP on Weekly. Stop losses are taken by big players. 2. Bullish RSI divergence on Weekly. Bears are losing steam. 3. Big falling wedge on Weekly. 4. Daily RSI 30 level is reclaimed. 5. Strong support retest on Daily. 6. Bullish RSI divergence on Daily. 7. Wonderful R/R.
Strategy: Risk/Reward Ratio = 12.32 or 24.8 or 52.51 Entry: around 0.0000875 Stop loss: 0.0000825 Target 1: 0.0001491 Target 2: 0.0002131 Target 3: 0.0003554
Please take a look at my trading idea "Perfect moment to buy ALTS!" where I explain why I think ALTS will have a rally in the next weeks.
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