drgorogbalazs

AMBBTC Binance 4H short-term swing trade

Long
drgorogbalazs Updated   
BINANCE:AMBBTC   AirDAO / Bitcoin
Buy AMBBTC now 0.0000073-0.00000735
TP1: 0.00000825
TP2: 0.00000915
SL: 4H candle closing below 0.00000715

RR: 1:4.5 and 1:9
RSI divergence on 4H timeframe.
Counter-trend swing trade. Please trade carefully and with money you can afford to lose. Any comments are more than welcomed! Thank you!
Trade active
Trade closed: stop reached:
4H candle breached DC20 lower line and closed below. Stop. Possibility for going further down. 1D timeframe may be interesting later IF potentially develops an RSI bullish divergence at lower levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.