We have a perfect ABC correction, 5-3-5, and it ends with the RSI being oversold but it is hard to tell what is really going on here because the chart is really young. When there isn't enough data any analysis can have little value.
Buy volume is highest since July, today.
This can be traded with a very tight stop-loss.
If prices move and close below 0.7600 RUN!
Any trading above this level and a bullish wave can easily develop.
While this pair is really weak, other Altcoins are already moving forward and showing signs of recovery. What I mean is that there is a chance for a change of trend but remember, if support breaks it is wise to stay out until a new support level is established but this can vary based on your trading strategy.
Another strategy for spot and long-term traders is to buy up each time a support level is hit and wait long-term.
This is not financial advice.
Remember to do your own planning and research, there is risk involved when trading; the charts and market conditions can always change.
Good luck.
Namaste.
Buy volume is highest since July, today.
This can be traded with a very tight stop-loss.
If prices move and close below 0.7600 RUN!
Any trading above this level and a bullish wave can easily develop.
While this pair is really weak, other Altcoins are already moving forward and showing signs of recovery. What I mean is that there is a chance for a change of trend but remember, if support breaks it is wise to stay out until a new support level is established but this can vary based on your trading strategy.
Another strategy for spot and long-term traders is to buy up each time a support level is hit and wait long-term.
This is not financial advice.
Remember to do your own planning and research, there is risk involved when trading; the charts and market conditions can always change.
Good luck.
Namaste.
ノート
Perfect bottom catch based on Elliot Wave Theory (EW).Total profits so far amount to 120%. Enjoy!
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。