Trump coin close to support
Updated
Trump coin has come back to support.
This is a critical level, and price needs to respect support for me to feel bullish about this.
I'm not ruling out another test of the low, and if support is respected, there's a possible entry long there with a stop below the low (with a little space in case there's a liquidity hunt).
Probably a safer choice would be to wait for confirmation (planting a higher low and entering there). The daily does show rsi and stoch relatively low which indicates that price could be close to reversal.
This is a critical level, and price needs to respect support for me to feel bullish about this.
I'm not ruling out another test of the low, and if support is respected, there's a possible entry long there with a stop below the low (with a little space in case there's a liquidity hunt).
Probably a safer choice would be to wait for confirmation (planting a higher low and entering there). The daily does show rsi and stoch relatively low which indicates that price could be close to reversal.
Trade active
On 15m there's a possible triangle forming.. Trade closed: target reached
price coming back to the support now. Let's see whether support is respected.Note
not sure why TV marks this as trade closed. Anyway, found a chart with more data and looks like price will come back to these support levels. Waiting now to see some bullish price action. Otherwise it's invalid for me. Note
Not looking at re-entering until I see price respect a level and start forming bullish price action .
I guess this won't really happen until closer to January.
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