- Weis Wave telling us - Great accumulation and so much bought! Reduced selling too
- showing higher lows indicating positive divergences.
- Breakout of the massive triangle
This is a great buy and one for a long term. Expect this trade to go for weeks, maybe months.
I've bought into trade around 0.0021-0.0022. Already in 20% profit, lets see!
Breakout of the triangle for 1d as well as 1w!
We are going up!
Apologies for the late reply!
4h candle shows some downtrend so prices will go down. Good point to buy would be around the 0.0026-0.00285 mark. If you miss out on the trade it shouldn't matter as there are lots of opportunities!
I prefer looking at 1d charts but for short-term trading, 4h charts give you decent data to do some analysis. You want to be able to rely on indicators + chart patterns + good support/resistance lines (a good support/resistance will cover minimum 3 points).
Any less than 2h is very unpredictable and thus I avoid.