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unknownpower
Jun 13, 2022 11:54 AM

WSIENNAUSDT - Oversold Long

Description

This one will be quick:

1) Look at the RSI. Self explanatory

2) Bollinger bands tightening sharply. Indicating imminent big move.

3) Last time it did 180% in 2 days. Enough said.

4) Project has great fundamentals

Careful with leverage here. Small position only (especially with this BTC volatility). Maybe wait until BTC stops capitulating.

Timeframe: Could be days (week(s) for the bigger targets)
Return: 0.4x - 3.3x (targets: 1.4, 2.4, 3.3)
Amount risked: 5-6% of funds
Comments
SwallowPremium
great view on the market!
unknownpower
@SwallowPremium, thank you, lets see if any of my recent ideas pay off
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