Whats up Traders!
I want to show you a trading opportunity with LENDBTC that just is in the middle of a W bottom pattern.
Daily TTM Squeeze just fired. We've had a volume spike in the last couple of days which is good. We are also just above the Volume Profile Point of Control. Usually when price goes towards the POC it has a harder time passing through it, so that should work well as a support level.
Ive highlighted target levels on the chart in red. Stop loss should be under the Point of Control.
This is a great time to get into some low market cap alts. Rememeber if BTC crashes hard, it will affect alts so trade accordingly!
Good luck trading!
I want to show you a trading opportunity with LENDBTC that just is in the middle of a W bottom pattern.
Daily TTM Squeeze just fired. We've had a volume spike in the last couple of days which is good. We are also just above the Volume Profile Point of Control. Usually when price goes towards the POC it has a harder time passing through it, so that should work well as a support level.
Ive highlighted target levels on the chart in red. Stop loss should be under the Point of Control.
This is a great time to get into some low market cap alts. Rememeber if BTC crashes hard, it will affect alts so trade accordingly!
Good luck trading!
Comment:
First target reached.
Comment:
If you missed out on getting some ETHLend, Getting in around the 800 level would be a good idea. So far we are holding above this swing high. I would put a 7% stoploss as the risk:reward is worth it and BTC is currently at a support level. If BTC goes down furthur then you will hit your stop loss most likely.