Description
⋅ I am sharing the following trade idea with the purpose of reading some simple signals.
If you are starting with charts, these are some of the main signals I look for to spot an upcoming wave.
Let's see what we have in the chart above:
- Strong breakout (EMA10 & EMA50). Price moved with momentum and good volume above these lines.
- Now is easy to see the volume. This is the volume bar. The higher the volume, the stronger the signal.
- Bullish crossover. When the MACD crosses the signal line on the MACD indicator.
- Bullish RSI. When the RSI is above 50.
As you can see, these are pretty simple, and you can get used to them pretty easily if you practice.
I hope this content taught you something and at the same time you were entertained while reading. If that is the take, take your time to hit LIKE.
Your continued support is ALWAYS, appreciated.
Namaste.
Comment
⋅ Long term view:
(1D)
(1W)
(1M) Comment
⋅ Target:
(1) 0.0000460 -Reached
(2) 0.0000500 -Reached
(3) 0.0000600 -Reached
(4) 0.0000666 -Reached
(5) 0.0000731 -Reached 3-Feb. (+76)
Comment
⋅ Weekly chart:
Monthly chart: Trade closed: target reached
⋅ Over 190% profits generated for STORJBTC since sharing this article about a month ago.
Enjoy the profits, and feel free to show your support by hitting like.
Namaste.
Comment
⋅ Comment
⋅ Up to 213% total profits generated based on STORJBTC Bittrex chart/exchange: