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a1mtarabichi
Nov 17, 2019 8:09 PM

WANBTC breakout dbl bot as BTC struggles to break R2 Short

Wanchain / BitcoinBinance

Description

As BTCUSD continues to stagnate between $8400-$8600 resistance zones; pursuant to that key pivotal resistance of 13.6K; or another massive selloff dreading us toward the $6-8K range a conjecture formed around the 200 MACD read my Linkdin article for LONG update but I digress...a lot of mixed signals in what was undoubtedly an eventful week news wise.

On a more positive note (while we're left here biting our nails awaiting the fate of the minnows vs. whales in the tug-of-war- between the pivotal resistance needed to cross and the key support we've managed to hold this fluctuation in price has presented many altcoin opportunities for quick profits for you EMA{8,12,15} or short-mid term swing traders.

Such alts include: XRP/WAN/EOS/ETH -- the latter two of which are vastly undersold IMHO.

Here are the figures for this publication: remember to take all technical analysis with a grain of salt.


  • TARGET TP SHORT: 3253s

  • STOP @ 2404


DISCLAIMER
Not financial advise

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