R2BTC2

Seele insanely bullish price action

Long
HUOBI:SEELEBTC   Seele / Bitcoin
Good day dear readers,

Look at Seele against the bitcoin on the daily chart , we have seen a cloud break-out and an ascending triangle pattern.
That should have been enough reason to enter, as we can see of the latest run up that has been going on now.
It looks like it is not finished yet, so definately I will try to enter on the pullbacks.

The volume looks amazing and the first resistance we encounter is all the way up at 0.000032. So that would be 400% from here but lets take it step by step and aim first for 30% profit.

Entry: 0.0000065 (about now)
Target: 0.0000087 33%
Stop: 0.0000063 6%

Risk reward ratio: 5:64

Comments

Looks like the retrace is finished, entered for continuation.
Reply
@R2BTC2, Sir any take profit suddestions?
Reply
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