To elaborate on the Daily bullish view of HOT/BTC:
Bullish divergence aside, I'm liking the simplistic sequential weekly view at the moment:
Resistance levels modified for weekly view: 12-14, 21-23, 28-31 as well as 46 ATH.
HODL for dear life?
- Bullish divergence on the CMF (compared to bearish on the Daily time frame).
- RSI beginning to find support from breaching oversold conditions at 30.
- TD Sequential reached an aggressive 13 (as far as TV algo goes).
- Weekly candle is flirting with a green 1 when 9 sats or above.
- MACD yet to bull cross but coming closer together.
Bullish divergence aside, I'm liking the simplistic sequential weekly view at the moment:
- The last time a green 2 went above a green 1 was in January 2019, the price rose 20 sats to 46 ATH within 2 weeks.
- The price therefore could breach the falling channel resistance first time (on a green 3 going above a 2).
- Next week could active the first long trade on HOTBTC for 9 months, based on the sequential system.
Resistance levels modified for weekly view: 12-14, 21-23, 28-31 as well as 46 ATH.
HODL for dear life?
Kommentar:
This is totally still holding up despite the sell off :-)
Kommentar:
Going exactly as planned, Green 2 going above the Green 1 on a Weekly timeframe.
Currently testing channel resistance.
Currently testing channel resistance.
Trade ist aktiv
Kommentar:
Break even stop loss @ 10 sats. Currently facing resistance.