ETC iS TRYiNG TO BREAKOUT ABOVE THE RESISTANCE

::I AM CONSiDERiNG TO GO LONG ON ETC IF iT BREAK ABOVE MY GOLDEN LiNE

PROS::
1. AT LEAST 5-10% PULLBACK SHOULD TAKE A PLACE
2. OBV HEADS UP
3. RSI DIVERGENCE
4. PHOENIX INDICATOR iS BULLISH
5. BULLiSH MOMENTUM 1H
6. PRiCE iS PERFECTLY ACCUMULATING UNDER THE GOLDEN LiNE
7.22 DAYS OF ACCUMULATION

CONS:

1. BEARISH MOMENTUM 4H
2. LONG INTO RESiSTANCE
3. ICHIMOKU RESISTANCE 4H

OVERALL:: IT MIGHT BE THE BOTTOM, BUT BTC DECIDES. CME GAP HASN'T BEEN CLOSED YET. WE CAN GO UP TO LiQUIDATE SHORTS, SO WE CAN GO EVEN LOWER AFTER THAT

Comment:

MOVED MY SL TO BREAK EVEN, SO IT'S NOT POSSiBLE FOR ME TO LOOSE iN THiS TRADE. SO NOW WHEN I DON'T HAVE ANY RISK I CAN CONCENTRATE ON THE ENTRY FOR ANOTHER TRADE

Comment:

IDEA MADE PROFIT