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Stellar could be moving

What i see here is this huge cup and handle. I think a few things make this next breakout probable. The rsi has bounced of 50 on the 4 hr after crossing it and maintaining above it for the first time since the market reversal we have been experiencing, which tells me there is support there. The adx is also bouncing of 25, and i believe there is a MACD bullish crossover as well forming. With BTC aiming 10k we are good for a push up.
We are way above the cloud and could get some pullback, however on the 1hr we just had a twist and retwist of the cloud in bullish favor. I will be watching to see if the 4 hr 50 rsi is closed below to reevaluate my trade or to add on depending on the circumstances.
My trade was made long ago and targets for me are .47, .53, and .63 as long as all goes well. This will more or likely wont go straight up since there has been lots of selling the past couple days, seems like people are liking the profits from early entries.
There is still more profit to come so lets hope BTC doesn't correct too hard any time soon and see where this goes.
We are way above the cloud and could get some pullback, however on the 1hr we just had a twist and retwist of the cloud in bullish favor. I will be watching to see if the 4 hr 50 rsi is closed below to reevaluate my trade or to add on depending on the circumstances.
My trade was made long ago and targets for me are .47, .53, and .63 as long as all goes well. This will more or likely wont go straight up since there has been lots of selling the past couple days, seems like people are liking the profits from early entries.
There is still more profit to come so lets hope BTC doesn't correct too hard any time soon and see where this goes.
Ghi chú
Would like to see the 1 hour rsi bounce off around 50. would show me support at channel is currently strong. If broken might be looking to add some.Ghi chú
sold .371.gonna wait a while and see where this looks like its gonna go before reentering. a good trade so far, started at .196 .The cup and handle is looking good so definitely a reentry in the future. this is my first trade published and will continue to journal it here.Ghi chú
Going try and get reentry closer to recent bottom if possible, it would fill the cup nicely and keep price above cloud. if BTC continues to dip then this could easily test lower support beneath current handle at which point it will extend but still be good in my opinion. cup and handles have been breaking out nicely on other coins recently so I'm definitely looking to trade this one
Ghi chú
made risky entry at .3455 using small portion exited amount. Might sell if doesn't work out.Ghi chú
got scared and sold .3515Ghi chú
in with small portion at .3285Ghi chú
sold .350 hope a good sellGhi chú
decided to let it ride a bit. same portion back in at same price of .350Ghi chú
A nice 4 hour candle. lets hope for some more. I like it so farGhi chú
looks more like a double bottom on 1 hour but either way looks like we are moving for now.Ghi chú
sold .3685. will look for reentryGhi chú
bought the .365 pullback full portionGhi chú
sold .417Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.