Going long $NCASH / BTC here. First off, I really like the fundamentals of NCASH as it has a really cool product and team behind it. Hoping to average in around 220 sats. Hanging around previous low support with a very oversold RSI and Stoch RSI that need to rebound. This should bounce as long as $BTC stays strong and continues to rebound as well. Think 300 sats (35%+ profit) is a safe place to take profit in a couple of weeks (1week-1month trade timeframe). Will more than likely have to stop if BTC breaks under 6k.
Feel free to comment your thoughts on this analysis, not new to the trading game but beginning to take it a lot more seriously.
*Not Financial Advice*
*DYOR*
Edit: Not sure why it is showing squares on my chart in the RSI and Stoch, supposed to be arrows pointing upward
Feel free to comment your thoughts on this analysis, not new to the trading game but beginning to take it a lot more seriously.
*Not Financial Advice*
*DYOR*
Edit: Not sure why it is showing squares on my chart in the RSI and Stoch, supposed to be arrows pointing upward