Cryptocurrency Practice #2
Confluences:
1. Weekly ATR at lows.
2. Chinese buyers slowly rising for cryptocurrency and Vechain is on their sights thus creating a huge rise in volume from the past weeks.
3. Bounced from monthly oversold area.
4. Confluences with eventual BTCUSD rise.
5. It is looking to break from year long trend-line and CAM R4 breakout levels.
6. Possible double bottom formation.
Leave a like if this helped you! Helps me understand if my TA's are teaching others.
Confluences:
1. Weekly ATR at lows.
2. Chinese buyers slowly rising for cryptocurrency and Vechain is on their sights thus creating a huge rise in volume from the past weeks.
3. Bounced from monthly oversold area.
4. Confluences with eventual BTCUSD rise.
5. It is looking to break from year long trend-line and CAM R4 breakout levels.
6. Possible double bottom formation.
Leave a like if this helped you! Helps me understand if my TA's are teaching others.
Comment:
Trendline breakout imminent. Waiting for weekly candle close.
Comment:
Trendline just broke, time for a fun ride!
Comment:
Target hit, will not be taking profits. This is a great long term hold like I said!
