Previous resitence turned support, testing for the second time and for now forming a nice reversal candle within a buy zone. Bullish divergence on the 4H chart. Potential upside soon. Only worry is the low volume but with these bullish signs volume could kick in after the and if the candle closes as a reversal candle.
This is No financial advice, do your own research please.
This is No financial advice, do your own research please.
Trade active:
Alright, On the 4 our chart we are trying to break the bollinger band line and rejected the support zone to the downside. Still we have the same problem of very low volume. Keep a tight stop loss or break even and soon enough we will see what happens. Trade safe guys and do your research. Also BTC is reaching an apex soon it will have to choose a side and alts just depend alot on btc so be carefull. the next BTC move will be a fast one.
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On the chart you see 1 indicator that told me to short. It is called SecretSauceForlife. works better and gives alot of calls on low time frames mainly for scalping works great on certain time frames and also on forex. Check it out and get your Sauce too!