Entry on support level which is holding. Stoploss just below the daily trendline.
Relevant on the monthly
- in accumulation
Relevant on the weekly
- distribution ended, in accumulation
- volume picking up
Relevant on the daily
- volume going up, price going up
- tried several times to gain the valley at 77 sats
- in upwards trend
- in accumulation
Relevant on the 4H
- downwards price action getting exhausted
- downwards trend broken
- riding the daily uprendline
Relevant on the hourly
- price down, volume down
- found support on the 4h level at 70 sats
- downtrend broken
- in accumulation
Relevant on the monthly
- in accumulation
Relevant on the weekly
- distribution ended, in accumulation
- volume picking up
Relevant on the daily
- volume going up, price going up
- tried several times to gain the valley at 77 sats
- in upwards trend
- in accumulation
Relevant on the 4H
- downwards price action getting exhausted
- downwards trend broken
- riding the daily uprendline
Relevant on the hourly
- price down, volume down
- found support on the 4h level at 70 sats
- downtrend broken
- in accumulation
Trade closed: target reached:
I reached target 1, 2 and 3.
At this moment, volume on daily is still going up, as is price. It could push to the monthly level at 83 sats, but there is also a daily wedge it would have to break. So even though more profits could possibly be gained, if I would be in this trade for real, I would be happy with my 10% gain and take my profits. I need to become more certain of what I'm doing before trying to get the maximum out of a trade.
At this moment, volume on daily is still going up, as is price. It could push to the monthly level at 83 sats, but there is also a daily wedge it would have to break. So even though more profits could possibly be gained, if I would be in this trade for real, I would be happy with my 10% gain and take my profits. I need to become more certain of what I'm doing before trying to get the maximum out of a trade.