NOT A FINANCIAL ADVICE TO BUY/LONG and SELL/SHORT
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Analysis
above
I don't know why this coin is pumping by 51%. Do you? Please comment to let me know. Last time, the Cup and Handle is failure and resulted to Double Top .
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Donation (It's up to you)
If you want send some crypto, I accept Bitcoins .
Bitcoin Wallet Address : 1J6QyeubuTtDd9vs7B7kFhmSzjWM1K827T
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NOT A FINANCIAL ADVICE TO BUY/LONG and SELL/SHORT
im still long ethereum but i will sell if we have another break to the downside. ethbtc is pretty oversold, and the macd on ethusd is pointing up. hope it moons, really. half my crypto portfolio is counting on it lol
Drop a like if this helps you out, its free! :)
This is the basic premise of how I trade. Usually after a big downwards or upwards move there is a period of consolidation (ranging) the best way to trade this 'Chop' is to plot a range high after a big bounce, then plot a range low from the low where the bounce came from. Create supply/demand zones off these range highs and lows. Lastly plot a mid range. Then simply buy tests of the demand zone and short test of the supply zone . Take profits at the mid range.
In this scenario we got 6 trades totalling a gain of 27% which is great!