It is in a good position to move up from here, but I recommend you to put buy order on 4 steps that I show with Green Prices.
UniLayer claims to be a new generation decentralised trading platform built on top of Uniswap that enables key features for professional-level trading with its LAYER utility token, focusing on automated swaps and liquidity...
Don't know what is this one about, I just like the chart.
Looks bearish on lower TF, but on 3D is still bullish and this is setup I have to take as per my plan even on day like this.
I will find an entry on lower TF and I am not risking my house on this one.
Im looking to long LayerUSDT after a breakout and retest of the 1.40 zone with a 6H close.
Both LayerBTC and LayerUSDT look ready for a nice push up. Price has been in consolidation for
over 2 months.
1st Target - 2.31 zone
2nd Target - 3.30 zone
invalidation daily close below 0.89
LAYERUSDT 4H TIMEFRAME
Layer coin is a strong project with bright future. It could be a potentially good midterm to long term investment with significantly high targets. You may purchase it taking into consideration risk management and money management.
Chart looks good and it is a good spot to buy the first portion of investment, if you have not done it...
* Bounced from 50 EMA and rejected from 100 EMA. Squeezed between EMAs.
* Bullish StochRSI cross tells me the downtrend may be over. Depends on BTC move.
* Low MCAP
* %50 CS
* Safe play and safe buy could be around $0.68
Before its listing on Kucoin it had already gone up substantially, but it is still pretty small in terms of market cap. The listing is also a big plus and the capitulation it had prior was massive. Its BTC chart is looking great with its uptrend being very clean and strong.
Thanks Jon for the suggestion! Comment why you think the fundimentals of this coin make it a good buy!
We are to test the 38% fib as potential support. The scenarios that can unfold if the areas is not respected is a potential fall to the two fib levels listed in the video (61/78).
Remember, this is not financial advice or signals. Use confirmations and...