I just identified a good setup on the STEEM/BTC trading pair on binance on the 1D-TF
REASONS FOR THE TRADE
1.Breakout of Accumulation zone around(1518sats-1811sats)
2.Previous resistance around (1783sats- 1874sats) turned to support
3.A good entry will be around (1890sats-1900sats)
4.I will take shorterm profits around (2085sats) 10% profit in sight
5.I will exit trade if price goes below (1765sats)
6.MACD is in a good buy zone
Share your thoughts below
REASONS FOR THE TRADE
1.Breakout of Accumulation zone around(1518sats-1811sats)
2.Previous resistance around (1783sats- 1874sats) turned to support
3.A good entry will be around (1890sats-1900sats)
4.I will take shorterm profits around (2085sats) 10% profit in sight
5.I will exit trade if price goes below (1765sats)
6.MACD is in a good buy zone
Share your thoughts below
Trade closed: stop reached:
Stop loss hit but stem/Btc is still in a good buy zone I will update entry