Buy signals all accross different time frames here on Megalodon indicators.This is the ACCUMULATION zone before May 2020.
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If Daily closes like this, TD9 has 1 potential reversal SetUps, Fibonacci Calculator is giving is a price location in favor of Bulls, there are way more buy setups and sell setups.
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Megalodon gave a buy 145.69$
Trade active
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Activated STOP to Trailing to make sure the trade will not cause any losses. Bought with the Megalodon green signal.
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Stop to Trailing level has been adjusted. Moving stops to initial entry+fees.
Why would u long with increasing volatility in a downward trend?
MegalodonTrading
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@johnmcgaw4, I am accumulating for the longer term and averaging my way into Bitcoin&Ethereum. Risk/Reward Ratio looks good plus i am just following the signals. Price Location is good. TD9 indicator is giving Potential Reversal For Longer Term and there are way more buy setups than sell setups in my algorithms.
@johnmcgaw4, zoom out. Eth is going nowhere but up long term
MegalodonTrading
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@tmchugh00, Yeah for sure, feel free to send me a pm or check out the signature part.
table001
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too early, eth-usd doesn't make sense,
eth following btc, so you have to look what btc is going to do.
btc is going down to 5300-6000$, so eth is going to follow, 100-120$
MegalodonTrading
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@table001, I understand where you are coming from. It makes sense what you are saying.I am just following my simple trading plan. :) Thanks for the comment.