We hit a lower low compared to May when this pair was added to Binance.
All the gains have been removed.
All the stop-loss have been activated.
Looking for liquid.
Now that the wave seems to be over, prices can start to jump.
- Prices are now trading above EMA10 and EMA21.
- The is showing while trending higher (still below zero though).
- The is also trending high (still below 50). These are early signals.
If you were to use the last low as a stop-loss, for a trade... You would have very low risk compared to the potential rewards. This is a solid setup.
This is not financial advice.
Thanks a lot for the support.