According to the RSI INDICATOR the Head and Shoulder pattern might be invalid So, if we see a rejection by the 0.38 zone, it might indicate a fall upto 8.5% N.B. If there is no valid rejection that means Head and Shoulder is valid still do not long as it needs a correction according to the RSI. the correction zone can be 0.38 by giving support Enter the trade when...
Entry 1.52-1.53 Take Profit 1.745 (14.5%) Stop Loss 1.465 (4%) Profit Loss Ratio: 3.65
POSSIBLE LONG SCALPING SETUP FOR ALGO N.B. If BTC drops then this will drop too so trade at your own risk as btc is not in a good position now and can fall anytime
STARTED PUMPING WHILE MAKING THE IDEA!! Take your position for the following targets TP1 1.55 TP2 1.61 TP3 1.75 HAPPY TRADING
Take profit at 0.1425-0.1550 (6.9% to 8.95%) Stop loss at 0.13 (2.5%) Risk Reward Ratio 3.57 (maximum) NOT A FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH
Two different scenario 1.Will touch 0.38-0.39 then breakout for 0.52 2.From 0.38-0.39 to 0.35 then breakout for 0.455 or 0.48
BINANCE:GRTUSDT Take position for scalp if the brown channel breaks @ 0.41 IF the prediction is correct, minimum profit: 5.85% maximum profit: 11.2% loss: 2.65% ALWAYS DO YOUR OWN RESEARCH, NOT A FINANCIAL ADVICE