AlanSantana

✴️ PIP | Going Against The Chart

Long
AlanSantana Aktualisiert   
KUCOIN:PIPUSDT   PIP / Tether
You see this pattern in orange, this is a bearish flag and continuation pattern but we are going to call it in reverse.

Rather than saying that PIPUSDT is set to continue lower based on this pattern, we say this pair will reverse and break the downtrend.

There is a strong bullish divergence with the MACD and RSI, volume dropping and we take into consideration also the market as a whole.

If this thing does not reverse, makes sure to stop the trade at a loss.

This is not financial advice.

Thanks a lot for your support.

Namaste.
Kommentar:
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