Weekly round bottom. Very clear 98-day high breakout and S/R Flip. Two trade ideas depending on how long you would like to hold the trade. The longer the holding period the better the risk-reward ratio.
If a shorter holding period is preferred, I'd advise waiting for a full retracement to the S/R level (red line) before entering a position.
BINANCE:POABTC
Market Cap:
$4,028,845 USD
471 BTC
If a shorter holding period is preferred, I'd advise waiting for a full retracement to the S/R level (red line) before entering a position.
BINANCE:POABTC
Market Cap:
$4,028,845 USD
471 BTC
Commentaire:
Beautiful weekly retest of support, holding strong.
