This looks so exciting.. Some of the greatest I have seen in a long time. If we can break this line, it has potential to go up so nicely.. My only and most important concern here is volume.. We dont see great volumes yet so I wont invest so much into this trade.. yet.. however if it breaks the line and than makes an S/R flip, damn I may go all in!
What a good trade setup here.. 4h RSI div in 18 bars.. (generally dont prefer over 14 but this looks nice to me) Strong support hold at 1164.. Safe trade if BITFINEX:BTCUSD doesn't choose to make a surprising move..
13 candle RSI divergence, most oversold value according to RSI 14, Looks like a nice profit machine for me.. I will be selling full at the TP point because I still believe BINANCE:XLMBTC has not reached the bottom and still bearish..
i know the SL is a bit far, but as the volume on this one is so low, its so easy for a marketmaker to eat your stop lossess.. as happened 29th of October.. Calculate your order size with your risk limit.. 2-months long ascending triangle, Good green (relative)volume candle.. Nice one to try out.. RSI is indicating bullish..
Today is the last day of Oct-18 and if today we close below 6390, this will be the lowest closed month this year.. This might trigger short sellers more.. keep your SL tight for the alts.. We may head to first 6.153, and if that breaks as well, we may see 5.870..