LINK: New Coin for Trading Portfolio
Let's add this coin to a watchlist as it looks interesting. We could open long positions following a breakout signal above 5.00USD and a reversal from 7.00USD. Now the coin looks overbought, and from TA point of view, it can reverse from any round number levels and correct the previous upward movement. It will give us a new buying opportunity in the direction of the main uptrend.
I would like to see a reversal from the zone between 9.00USD and 7.00USD. It will keep the bullish structure, and we will have enough space for a new upward movement.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
I would like to see a reversal from the zone between 9.00USD and 7.00USD. It will keep the bullish structure, and we will have enough space for a new upward movement.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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