I missed the trade by couple pips from the top. This entry is more risky because there will be a lot of stop losses above the highs and I dont want to put the stop loss where everyone have it. I will watch the volume and wait for confirmation on the lower timeframes before I entry.
Fellow traders, Here's to an other overly simplified yet very efficient analysis on the daily BTC chart. Just like my last idea, Daily BTC chart is the best chart for spot on confirmation yet quick positioning timing. I am posting a little earlier than I expected as bitcoin fall been quicker than I anticipated. We are now approching an other major resitance....
Here are my thoughts on the current HUC trade, low volume coin that is looking good.
If it can break out of this consolidation pattern we could see some significant upside. On a lower time frame its showing positive signs. It's a good coin to try trading cryptos as its inexpensive. Risk Reward over 3.5:1 Sean Vengan Professional Trader and Trading Educator DISCLAIMERS TO VIEWERS OF MY POSTS - PLEASE READ CAREFULLY 1. If you don't agree with...
HUC to .000131 then failure. Rise beings at .00010801 Get your final pump soon