Hey everyone
The D3ADLYTuna is here to poison your minds, so let's look at BTC
Stop the FUD, its going to go up, we have bullish divergence on the MACD, and a good one at that. Prime entry was in the green box but it was also not confirmed support. There is still a slight possibility of a fall further but on the 4h I count a 5 wave down so lets look for the ABC upswing and hope it turns into a 123 wave.
Caution advised and remember your stop loss, set an alert to trail it up as price moves away.
Technicals:
Volume Some nice sell volume here which should see a swing
MACD Crossed up on the 4h and with daily chart all red its coming up time for a swing up, and hopefully breakout too
RSI Nearly hit oversold at 20points level and heading up now.
Don't Forget:
-Always use a stop loss.
-Utilise alerts to notify you when you are reaching your target.
-It is common to use no more than 10-20% of capital in any one trade.
-Layer your buys to average your entry cost.
-Always watch BTC as well as your active trades, if BTC breaks down or pumps hard the market will chase it to the detriment of solid trades. FOMO is real.
If you have had success with a trade signal and would like to tip or donate:
ETH 0xA931D6F82e37dC459096D68cD6d8414f79840753
If you are not already signed up on the below exchanges you are welcome to join using the below links:
Disclaimer:
The information published is not intended to, nor should it be, construed as financial advice. The sole purpose of publication is for educational purposes and feedback. Any investment decisions, gains or losses, are your own and I hold no liability. Invest only what you are prepared to lose.
The D3ADLYTuna is here to poison your minds, so let's look at BTC
Stop the FUD, its going to go up, we have bullish divergence on the MACD, and a good one at that. Prime entry was in the green box but it was also not confirmed support. There is still a slight possibility of a fall further but on the 4h I count a 5 wave down so lets look for the ABC upswing and hope it turns into a 123 wave.
Caution advised and remember your stop loss, set an alert to trail it up as price moves away.
Technicals:
Volume Some nice sell volume here which should see a swing
MACD Crossed up on the 4h and with daily chart all red its coming up time for a swing up, and hopefully breakout too
RSI Nearly hit oversold at 20points level and heading up now.
Don't Forget:
-Always use a stop loss.
-Utilise alerts to notify you when you are reaching your target.
-It is common to use no more than 10-20% of capital in any one trade.
-Layer your buys to average your entry cost.
-Always watch BTC as well as your active trades, if BTC breaks down or pumps hard the market will chase it to the detriment of solid trades. FOMO is real.
If you have had success with a trade signal and would like to tip or donate:
ETH 0xA931D6F82e37dC459096D68cD6d8414f79840753
If you are not already signed up on the below exchanges you are welcome to join using the below links:
- Binance bit.ly/2DRH96k
Cryptopia bit.ly/2DGt24v
KuCoin bit.ly/2BvTIyI -
Disclaimer:
The information published is not intended to, nor should it be, construed as financial advice. The sole purpose of publication is for educational purposes and feedback. Any investment decisions, gains or losses, are your own and I hold no liability. Invest only what you are prepared to lose.