Long on NanoBTC Daily setup
Updated
Sharp buying off a daily pull back to the 20 EMA. Looks set to out perform bitcoin and good risk to reward off the todays price action.
Other factors
- Moment indicators neutral
- Fibonacci Confluence
- Bottom looks to be rounding out
- Broken and holding above resistance
- In a Daily uptrend
https://www.tradingview.com/x/mF04gQu7/
https://www.tradingview.com/x/2mkC4SLE/
https://www.tradingview.com/x/caffnWzg/
Other factors
- Moment indicators neutral
- Fibonacci Confluence
- Bottom looks to be rounding out
- Broken and holding above resistance
- In a Daily uptrend
https://www.tradingview.com/x/mF04gQu7/
https://www.tradingview.com/x/2mkC4SLE/
https://www.tradingview.com/x/caffnWzg/
Note
[img]Great area to get long if the original bounce was missed. Buy on a close and then you know where to put your risk (stop)
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