After the first phase of a beautiful breakout, and dare I say so, the first proper one that we've seen in some time, it now goes to phase 2, and this is the part that's been missing for months..
Let's hope it holds..
HI GUYS,
THIS IS AN EDUCATION POST SHOWING A CLEAR FALSE BREAK OUT LOW IN AN ABC PATTERN.
GREAT PROFITS WOULD OF BEEN HAD THIS IS ABOUT TO RETRACE THE NEXT 30 MINUTE CNDLE WILL BE RED AND YOU MASY FIND AN ENTRY FOR BOUNCE OF RETRACEMENT
BUYING THIS HIGH UP A LEG IS HIGH RISK.
EDUCATION COURSES STARTING SOON FOR FREE SO FEEL FREE TO JOIN IN FIRST MODULE WILL...
As you can see in the chart, ichimoku gave us solid signal but to be sure it is an up trend, we can wait Stoch RSI and Macd Dema
for now first target is the resistance,
1st target: 0.010 sats The resistance
Entry 600,000s
Target 1: 1,970,000s
Target 2: Unlikely - 3,200,000s
This is a "shit coin", I don't think it will hit target 2. Enter at your own risk I would sell at 1,000,000 for a quick profit. Move your SL accordingly to guarantee profits.
Fundamentals say Yuck, TA says Yay!
SLSBTC is a hard one to catch but it looks ready for a possible break out. Price movement is currently bullish and it is nearing the end of a triangle after sharp spike (possible accumulation) . I'm long here ( <17000 ) with a tight SL. Let see how it goes...
