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Crypto_Jay
Feb 5, 2021 1:40 PM

TROY / BTC / D / Uptrend started? Long

Description

This is not financial advice, this is just my perspective.



After the all time low in January we slowly came back.
We are now trading above the 200 EMA.

Considering we are seeing volume coming in and the previous downtrend that started last summer should be over,
it would seem the uptrend already started.
I see .00000025 as a potential resistance

Looking at 36, 45, 54 next in the long run.
Based on the downtrend's fibonacci levels.
We could be looking at a high profit,
don't forget this can also come with high risk.





Let me know what you think.


Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
Comments
Cryptalion
Cool :) bought today looks bullish.
Crypto_Jay
@Cryptalion, I got some in at .10 , I don't use a stop loss on this one since I got in so low but obviously comes with a high risk depending on the amount you bought,
I just put sell orders around .25 where I feel it has been hanging in the past.
Always better to get out with a profit, these coins can get dumped very quickly especially if they hit big sell orders.
Good luck : )
Cryptalion
@Crypto_Jay, Great :) my view!
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