Long SLP Entry 1: 0.074; Entry 2: 0.069; Entry 3: 0.059 Exit: 0.049 Target 1: 0.14; Target 2: 0.24; Target 3: 0.4 Signal + Classic bullish divergence from 17 Aug 21 to 21 Sep 21 + Congestion zone from 0.055 to 0.09 with POC at 0.069 + Heavy volume bars on 04 Oct and 04 Nov to break up POC and push price above MA26.
@sajjadhameed147 I think 1 year, at this time 0.04 seems more possible 😖
Hoa_Nguyen
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@JoorgeBravo, it is very hard to say about exact timing to hit the target. but we can see the correlation between the downtime period and the uptime period. The problem is when it is upward trending and price keep going up, can we still HOLD them or we sold before it hit target.
asreedzuan27520
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Yup, still strong Sell
Hoa_Nguyen
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@asreedzuan27520, Yup. classic divergence can happen 2 to 5 or 6 times, it not 100% trend will be reversed, but we have tight stop loss and very long upward trending if we are right.
Cryptoking2210
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@Hoa_Nguyen I prefer to win if it’s less winning still I prefer that instead of hitting my sl and loose
Hoa_Nguyen
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@Cryptoking2210, yup so do i. tight stoploss like a seatbelt.
Cryptoking2210
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Volume is showing somebody is buying huge
Hoa_Nguyen
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@Cryptoking2210, i do think so but i still need more accumulation in this zone and a very powerful breakout then.