I MAY GO LONG ON BCH iF IT BREAKS ABOVE MY GOLDEN LiNE
PROS::
1. RSI DiVERGENCE
2.OBV PIVOT POiNT (WAIT FOR A CONFiRMATION)
3.POSSIBLE SIDEWAYS RANGE
4.PRiCE iS AT LOWS
5.COUNTER TRENDLINE MUST BE BROKEN, SO OUR WAY UP IS CLEAR
6. PHOENIX INDICATOR GREEN HiGHER THAN THE ENERGY 1H,3H,4H
7. PHOENIX INDICATOR ENERGY ON THE DAiLY GOES ABOVE 50
CONS::
1. ICHIMOKU CLOUD iS RED
2.LONG INTO RESISTANCE (OFTEN iS A BAD IDEA)
3. WAIT FOR OBV SiGNAL
4. NOT OBViOUS WHERE TO PLACE STOP-LOSS YET
OVERALL::
HiSTORiC MARKET PiVOT POiNT. iF BTC RiSES, ALTS SHOULD FLY. BE READY TO MAKE MONEY iN BOTH DiRECTIONS
PROS::
1. RSI DiVERGENCE
2.OBV PIVOT POiNT (WAIT FOR A CONFiRMATION)
3.POSSIBLE SIDEWAYS RANGE
4.PRiCE iS AT LOWS
5.COUNTER TRENDLINE MUST BE BROKEN, SO OUR WAY UP IS CLEAR
6. PHOENIX INDICATOR GREEN HiGHER THAN THE ENERGY 1H,3H,4H
7. PHOENIX INDICATOR ENERGY ON THE DAiLY GOES ABOVE 50
CONS::
1. ICHIMOKU CLOUD iS RED
2.LONG INTO RESISTANCE (OFTEN iS A BAD IDEA)
3. WAIT FOR OBV SiGNAL
4. NOT OBViOUS WHERE TO PLACE STOP-LOSS YET
OVERALL::
HiSTORiC MARKET PiVOT POiNT. iF BTC RiSES, ALTS SHOULD FLY. BE READY TO MAKE MONEY iN BOTH DiRECTIONS
Comment:
THE BEST CASE SCENARIO WOULD BE IF WE HAD A LOWER HIGHS WiTH THE SAME LEVEL OF SUPPORT:
Comment:
I'VE ENTERED A LONG TRADE WITH 1/3 OF A POSITION AT 216, CONSiDERiNG TO MOVE MY SL TO BREAK EVEN SOON