The price bounced off from the support formed by MA50. If it would had dropped through MA50 it would had given confirmation of trend reversal.
RSI is confirming Bullish Hidden Divergence. Notice how RSI is making lower lows and the price is making higher low. This is indicating continuation of an upward trend. Buy orders should be set around 18.6 level close to the resistance level and stop loss to 17.2 level just below the support level.
Also ETC just released their early version of mantis client.
Trading information:
Buy: 18.6
Partial profit: 20.3
Main profit: 21 & 23
Stop-loss: 17.2
Things to remember:
It's better to wait than to regret. This is important when you are doing long term investments! Knowledge behind of your trades gives you success, more often!
Any questions or need help? Feel free to leave comments and feedback!
Yarr!
RSI is confirming Bullish Hidden Divergence. Notice how RSI is making lower lows and the price is making higher low. This is indicating continuation of an upward trend. Buy orders should be set around 18.6 level close to the resistance level and stop loss to 17.2 level just below the support level.
Also ETC just released their early version of mantis client.
Trading information:
Buy: 18.6
Partial profit: 20.3
Main profit: 21 & 23
Stop-loss: 17.2
Things to remember:
- To trade safely we need to use stop losses in case something goes wrong.
- Note this is a long term trade! Requires patience and flexibility to adjust the sails of the market movement.
- Always be aware of things, trends and events what's happening around the current crypto you are trading. They may have big impact on the price movement!
It's better to wait than to regret. This is important when you are doing long term investments! Knowledge behind of your trades gives you success, more often!
Any questions or need help? Feel free to leave comments and feedback!
Yarr!
Operación activa
Comentarios:
Partial profit and second target hit!
Operación cerrada: objetivo alcanzado:
All targets hit 100%. Congratulations! :)
