Long
ONE/BTC Buy & Hold Idea for May 12th, 2020

The halving hype has died down, Bitcoin dominance will slowly but surely decline, and on technicals I see the following:
> Broke out of a year-long downtrend
> Broke out of a month-long downtrend
> retested those lines okay
> Seems to be finding decent support around this area
> Large volume on the previous daily candles
> Attempting to get over the MA50
> Over the EMA20
There is a supply shock coming end of the month but I’m not factoring that into the chart. Just playing it as I see it right now.
Not financial advice! Just learning how to chart.
> Broke out of a year-long downtrend
> Broke out of a month-long downtrend
> retested those lines okay
> Seems to be finding decent support around this area
> Large volume on the previous daily candles
> Attempting to get over the MA50
> Over the EMA20
There is a supply shock coming end of the month but I’m not factoring that into the chart. Just playing it as I see it right now.
Not financial advice! Just learning how to chart.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.