Starting at the bottom we see a red dead line. If we see it cross the whole pattern failed.
Seems to be a decent buying opportunity right now. Tight Stop - Loss. First target 0.00005 - see blue arrow.
Around thin pink lines we should find some support. If not stay alarmed.
Top target second blue arrow at 0.000062. We can expect a major resistance above this line. If bulls strong possibly we can hit the green area as max possible target for the second move.
Intratrade management needed as we can see a high volatility due to BTC All Time High. Moving stoplosses around draw lines.
Thx for wathing and sharing your ideas as well. Peace
Seems to be a decent buying opportunity right now. Tight Stop - Loss. First target 0.00005 - see blue arrow.
Around thin pink lines we should find some support. If not stay alarmed.
Top target second blue arrow at 0.000062. We can expect a major resistance above this line. If bulls strong possibly we can hit the green area as max possible target for the second move.
Intratrade management needed as we can see a high volatility due to BTC All Time High. Moving stoplosses around draw lines.
Thx for wathing and sharing your ideas as well. Peace
Comment:
I like what I see. Volatility getting lower. Sustainably we reach higher lows.
Once there is a volume in the market we are ready to jump up.
Good luck and peace!
Once there is a volume in the market we are ready to jump up.
Good luck and peace!
Trade closed: stop reached
As expected: First swing up not strong enough to reach the second ping line.
Pullback to the first support line with no major sell off - good sign.
Now we would like to see a strong decisive movement to the first target at 0.5 +