Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
We can see ONE/BTC approaching a major support zone around 25 satoshi's. It is also trading in a triangle as seen by the green lines. Those lines are S/R of their own. Wait for a bounce with a higher low for confirmation before entering. If it does bounce successfully we can anticipate a run to the next major s/r around 50-60 satoshi's which would be a 100% gain. Don't forget your Stop loss and calculate entries on the lower TF''s. Let's watch closely.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
Lets keep it simple.
We can see ONE/BTC approaching a major support zone around 25 satoshi's. It is also trading in a triangle as seen by the green lines. Those lines are S/R of their own. Wait for a bounce with a higher low for confirmation before entering. If it does bounce successfully we can anticipate a run to the next major s/r around 50-60 satoshi's which would be a 100% gain. Don't forget your Stop loss and calculate entries on the lower TF''s. Let's watch closely.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
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It successfully made a higher low but was rejected by the diagonal resistance as you can see, which is the green line. Lets wait to see if it breaks this trend line and closes above it preferably on the 4 hr TF or higher. Then we can expect growth.