ALGO.USDT (Y21.P1.E2.v3).MACRO.Hypothesis
Hi Traders,
Based on what I have been learning recently, this base level was the level to buy. Accumulation level and its proving to be correct as this goes up to the next support \resistance level.
Many charts are doing something like it or similar to it.
My Thoughts:
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This structure might take time like the others but rest assured, its re-accumulation structure of some sort, for the way it held that base level at a strong fib level is a tick in the box.
The 13/50 ema on the hourly cross-over is another tick in the box.
The MACD on the hourly also crossed over to the positive level.
I will add a few charts or possibilities as to what i'm looking for.
FYI, I did buy at the base and now posting this as I was busy doing other trades and notes.
All the best,
S.SAri
NOTE, PREVIOUS POST as part of this series.
Based on what I have been learning recently, this base level was the level to buy. Accumulation level and its proving to be correct as this goes up to the next support \resistance level.
Many charts are doing something like it or similar to it.
My Thoughts:
=================================
This structure might take time like the others but rest assured, its re-accumulation structure of some sort, for the way it held that base level at a strong fib level is a tick in the box.
The 13/50 ema on the hourly cross-over is another tick in the box.
The MACD on the hourly also crossed over to the positive level.
I will add a few charts or possibilities as to what i'm looking for.
FYI, I did buy at the base and now posting this as I was busy doing other trades and notes.
All the best,
S.SAri
NOTE, PREVIOUS POST as part of this series.
Comment:
It is possible to do a double bottom but unlikely
Comment:
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
