fishsticks101

TRIG/BTC - - - 30% PROFIT POTENTIAL

Short
fishsticks101 Updated   
BINANCE:TRIGBTC   None
BUY IN: 0.00014600 - 0.00015000
SELL OUT: 0.00019000 - 0.00020000

FALL LOGIC
∎ TRIG falls to its support level between 0.00014600 and 0.00015500
We can tell this from:
- A DTR or Double Top Reversal chart pattern signaling the decline to the support line at the beginning of the "M" shape of the pattern

RISE LOGIC
TRIG rises to its previous high short-term support line between 0.00019000 and 0.00020000
∎ Long-term RSI readings tell us TRIG is severely oversold https://rsihunter.com/index.php?time=1w&exchange=binance&state=oversold&base=BTC
∎ The heavy resistance at 0.00014600 seems to cause a bearish reversal, especially in a more bullish BTC market
Comment:
EDIT: Any BUY IN below 0.00015500 would work nicely
Comment:
BUY IN NOW. IT'S IN OUR GOLDILOCKS ZONE.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.