Everyone hates to see downward price action, but we are showing 4 hour bearish convergence, although you are not showing separate islands, so it isn't the strongest. But you are in the makes of a potential Bullish Bat. It is better depicted on other exchanges, especially Gate.io. But, it is still valid so far on Binance. I am currently short on this asset and am waiting for a long reentry at the pcz around .51-.52ish cents. This is a potential phenomenal trade set up in terms of a win/loss ratio. You'd set your stop under X and my first two profit taking levels would be at A and C and then my Third would be in that common retrace area. We'd hope to see the Daily bullish Divergence play out soon which it very well may at the pcz of the Bullish Bat. So, if we were to run downwards on to the PCZ of the potential Bullish Bat and form triple Bullish Daily Bullish Divergence and form RSI tail end Bullish Divergence <3
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$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
$LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn
$ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9
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Twitter: twitter.com/ChArtworks_TA
If you want to be a loving supporter of me and my "ChArtworks"
$BTC: 35tmT7MAQXZm7rr1KzZMWNRpN2iyrnSB4z
$LTC: LVfCT9fu4dYyFAo5cW5xLrzHZHWFoG85hn
$ETH: 0x390d207b9bde62f2806caddfb94809de61da50d9
$x42: XZXm43FJcZHEVNs9dh8mdfzWyY6VfmJvPc
Donations are never required but they are greatly appreciated! Your Supportive comments and follows are good enough too :D <3
Join the best Crypto and Technical Analysis Community in the world!
Discord: discord.gg/Ety65Ft
(Mitch Ray's Channel) Amazing community and I highly recommend checking out Mitch Ray if you haven't yet!
Trade active:
Active until you hit your stop. Although, if btc wants to dump to further supports. Don't expect this trade to go smoothly
Trade active
Order cancelled:
This asset may still very well rally, but after btc just had its death cross, I am no longer long on any crypto asset. If btc dumps, expect this asset to dump as well.