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SUB Looking To Go Underwater

BINANCE:SUBBTC   SUB/BTC
Substratum is a great project. Good fundamentals. However there are many signals that it is going down for some consolidation after a great bull run.

1. H&S has just completed.
2. RSI way under 50 and no signs of reversal yet.
3. Bearish MACD cross.
4. Price under the kumo on the 4h.

I suggest layered buys at each entry.

PM me for targets, custom charts or if you want to join my charting course.
Yeah it looks like it is heading that way sadly. I am looking to re-enter around 1.40-1.57 if it hits that mark.
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Brisben tist006
@tist006, USD? What's it at now?
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The volume doesn't really seem to be there tho
+2 回覆
Brisben carlino_ny
@carlino_ny, Volume is only one part of the equation
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yes, sub has followed h&s after the stellar bull ran over last 2 weeks. I entered at 0.000144 sats during the dip between head and right shoulder. What could be the short term high on this bearish short to exit?
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Brisben alienxx
@alienxx, I'd consider selling soon because if the 4h candle closes below the neckline its not good news.
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