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rajeezus
Jan 28, 2018 10:19 PM

YOYO Buy Opportunity Long

Description

Solid up trend that has maintained itself very well. Support line has held good, the MACD is just about to cross over indicating a buy signal, the volume is begining to pick up, indicating that this could Pop, especially if it breaks the key resistance point marked on the chart! My only concern here is the RSI is about to go into the over purchased territory, but, A solid purchase here, set your stop loss at the bottom of the support line, there is great upside, with little risk. A great Trade.

Trade closed: stop reached

Comments
rajeezus
Set up rekt by BTC crash! i shall revise at a later date.
cryptojunor
All day my friend - many confluence!
rajeezus
@cryptojunor, Support is holding strong so far! still looking good. Some more volume would be great! only concern here is the RSI going into over purchased territory, but other than that, we are good!
cryptojunor
@rajeezus, couldn't agree more. what was your entry and how many units you bought?
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