From my last idea, I was the first one to call the Bullish Bat (0.886) and right now it does seem like it was a correct call. As long as we can bounce from either the current level of 540 or the 520 sat level, TRX is looking to be a very strong buy. Make sure to have a stop loss underneath the 524 level however, as a single Bitcoin drop can negate this trade.
Buy-in:
524 - 544 satoshis
Sell Targets:
750 satoshis
820 satoshis
Trendline formed from A & C
Stop loss:
Under 520 satoshis. Since this pattern will be invalidated if it drops below.
Time frame:
Likely over a week.
Thanks for viewing! Please support my idea if you agree & leave any comments/criticisms in the box below. The link to my last idea can be found below.
Buy-in:
524 - 544 satoshis
Sell Targets:
750 satoshis
820 satoshis
Trendline formed from A & C
Stop loss:
Under 520 satoshis. Since this pattern will be invalidated if it drops below.
Time frame:
Likely over a week.
Thanks for viewing! Please support my idea if you agree & leave any comments/criticisms in the box below. The link to my last idea can be found below.
Note
And pretty sure the correlation between alts and bitcoin is caused entirely by bots, since I was at my desk and noticed there was less than a 10 sec delay between bitcoin and alts.Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.