It's a supplemental mid-long term THETA technical analysis to my article written on my blog: youjin.pro
Main takeways: 1) We are in the long term superchannel. Perfect fit for swing traders 2) EMA 20 crossed EMA 50 with volumes meaning that we may experience turbulence zone in theupcoming months 3) 0.1 USD appears as great add-one (or entry zone for a long run)
General recommendations: 1) Stop losses near 0.1 2) Don't lose position if you are in. Measure your risk-reward and probably add more on lower levels 3) Minimize amount of deals closer to the mid channel (0.13-0.17 USD levels)
Thanks. Please share your thoughts in the comment section!