Analysis is basis on 1 month chart.
1. Price is not able to close the high of 1st month candle but it had tried many times to break.
2. price is still above the close of first month candle and already took support for 1 times.
3. Price is still below 9EMA. I am waiting for price to break above then 9 ema and close above the high of first month candle which is a strong resistance.
Then we can take entry.
Most important part here is, this is the same setup like PIVXUSDT, which made more then 10000x.
This is a bit risky trade but I thought to share it with you all.
-BTSCHAMP2020
1. Price is not able to close the high of 1st month candle but it had tried many times to break.
2. price is still above the close of first month candle and already took support for 1 times.
3. Price is still below 9EMA. I am waiting for price to break above then 9 ema and close above the high of first month candle which is a strong resistance.
Then we can take entry.
Most important part here is, this is the same setup like PIVXUSDT, which made more then 10000x.
This is a bit risky trade but I thought to share it with you all.
-BTSCHAMP2020