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CryptoMeco
Jan 15, 2021 9:53 PM

Trade 2 - UTK / BTC Long

Description

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
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