The Bitcoin pair for Mines Of Dalarnia, DARBTC, just produced a combination of signals that points to higher prices. Let's take a minute to look at those.
1) The classic Adam & Eve pattern is now present on the chart. 2) Break above EMA10 and EMA21 on a daily basis. 3) As the short-term bullish bias is confirmed with a break of EMA10/21, the RSI turns bullish. 4) High daily volume (many times above the daily average).
All these signals point toward a new upside move. Since market conditions can always change, plan for all scenarios ahead of time...
➖ What would you do if there is a crash rather than a bullish wave? ➖ Would you hold for long or would you close the trade at a loss and move on?
Answering these questions beforehand can avoid some headaches and anxiety if the market moves in a way that is not what we thought would take place.
Consider the upside but also the downside... It is wise to be prepared.
Namaste.
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Very strong bullish breakout; two digits (+76%). More is definitely possible... This is only the start.