Hi guys,
This is a coin that i really like, with good FA and actually looking good from the TA side.
We got a retest from the bottom of the cloud on the weekly timeframe.
On the daily price is consolidating on the 50% lvl of the RSI after a move up (with volume) printing a symetric triangle matching with the 0,786 fib level from the previous move up on the weekly tiemframe and the top of the cloud.
It's a high risk hig reward trade, so i just put a tight stop.
Overall BTC pairs are looking good, so this could be a good trade
This is a coin that i really like, with good FA and actually looking good from the TA side.
We got a retest from the bottom of the cloud on the weekly timeframe.
On the daily price is consolidating on the 50% lvl of the RSI after a move up (with volume) printing a symetric triangle matching with the 0,786 fib level from the previous move up on the weekly tiemframe and the top of the cloud.
It's a high risk hig reward trade, so i just put a tight stop.
Overall BTC pairs are looking good, so this could be a good trade