Long entry: 5.425 - 5.52 Stop loss: Roughly 5.325 Take Profit: 5.7, 5.8, 5.9, 6, 6.5 Expected Call Duration: 1 days to 1 week
Position Percentage: 20% Leverage: x 2
Risk Level: Medium Call strength: Medium High
Indicator: 9 Seasons Rainbow Multiple Time Frames Pattern PRO
Signals: Bull (Green), Bull Pullback(Light Green) across almost all the ribbons One Overbought (Yellow) in 8H remind us resistance of previous high: 5.85-6.1 BCH BAB is leading the market with outstanding strength, so EOS, LTC is expected to follow. AB - CD, a continuous run of yesterday's rise.
DISCLAIMER This is only a personal opinion and does NOT serve as live trade call NOR trading advice. Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.
Operación cerrada: precio stop alcanzado
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Net ROI with Leverage: -5.79%, after deducting Fees (0.2%)
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Net ROI with Leverage: -1.16% to Total Balance The support of 5.47, 5.4 were broken. The whole market collapsed to Yesterday's Level.
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Conclusions: Overbought (Yellow) in High Level, 8H in this instance, can mean Bearish strength, besides resistance of previous high. In Crypto market, it is risky to associate coins with each other, sometimes a coin leads other, sometimes not. In Side Way, It is dangerous to raise support levels.