rajeezus

YOYO Buy Opportunity

Long
rajeezus Updated   
BINANCE:YOYOBTC   None
Solid up trend that has maintained itself very well. Support line has held good, the MACD is just about to cross over indicating a buy signal, the volume is begining to pick up, indicating that this could Pop, especially if it breaks the key resistance point marked on the chart! My only concern here is the RSI is about to go into the over purchased territory, but, A solid purchase here, set your stop loss at the bottom of the support line, there is great upside, with little risk. A great Trade.
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.