ssari

DCR.USDT (Y21.P1.E1).Bullish trend \ structure

Long
ssari Updated   
BINANCE:DCRUSDT   Decred / TetherUS
Hi All,

Another bullish formation, a uptrend, a pause for a consolidation and as we see, a bull flag of some nature, here I have a triangle of some sort with the ABCD and Point E looking completed.

Yes, it would have been better to get it prior the breakout at $57 or even lower, but its still gives you plenty for the next few stages.


PS. I like using the 13/50 ema x-over on the 1 hr chart as a positive indicator along with other elements.

All the best,

S.SAri

PS. Today, I'm feeling a bit better, more coughing but no more fever.




Trade closed: stop reached:
stopped out
Comment:
This wick got me out however I'm now looking for the breakout.
Really depends how BTC does as well.
Comment:
I should have mentioned that I went back in at the retest however I did not put much in because of the low volume\liquidity on binance

Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.