DIABTC Formed nice double bottom, buyers took control, formed higher low with attempt to break higher.
There is a potential move up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is...
The setup on 4h TF was at the price of 0.0000383
The trade slowly went forward and our 12h TF setup was activated. We are using multiple time frames to determine our entrys, so we moved to 12h TF and now following the trade on the 12h TF. The trade was updated, we had our TP at 0.0000451
The trade went our way and hit TP for a nice +18% profit!!!
DIABTC Is testing the 0.5 Fibonacci level below the weekly resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
DIA is in a strong support area. Buying here has low risk with an excellent risk/reward ratio. RSI in daily has already reached the oversold area ( <30 ) and now we can expect it to start moving ahead to 70. Try to accumulate it with low risk and hold it with patience. Potential support and resistance zones have mentioned on the chart.
Another DIA analysis.
Previous one was right on +60% when returning back to equilibrium, cash in some profits.
Be aware of these support and resistance levels.
There is no real hard resistance level on the way up so a good risk to reward ratio!