- MACD crossover + going up - Weis Wave Volume telling us - Great accumulation and so much volume bought! Reduced selling too - RSI 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!
評論
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Well that escalated quickly.
Breakout of the triangle for 1d as well as 1w!
We are going up!
評論
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So much accumulation and build-up. This is going to blow.
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!
uzairn
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@Eyox, thank you sir, appreciate the reply. Can I ask you how do you determine what time frame of the chart to look at to make a decision on the entry/exit points? For example, here you used the 4h chart to see a good entry point on a retrace.
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.
BorisTapiaV
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45,600 usd already... is going much faster than every analysis I've seen