๐ฅ๐NEAR make false breakout: STRONG BULLISH SIGNAL?
Hi friends! NEAR make a DUMP together with another crypto yesterday. Hope you follow the scenario which I published yesterday, coz this manipulation were highly expected.
In this idea we will talk about the another possibility for you to open a trade on the pullbacks and make a profit.
โ Before the longs, take a look to my previos idea about this altcoin. As I said in that idea, watch BTC. If it show you the bullish signal, all the altcoin go up. It's not happen.
NEAR reach all short targets after the breakout of the channel. Amazing entry point at the test the channel as the resistance. Congrats traders who get profit and close it`s shorts last 2 days.
๐ Now let's talk about my preconditions to open a long:
โ false breakout of the key level+volume growth
๐ฅ some pullback to the key level of $2.9
๐ฅ squeeze to the trendline
๐ฅ bullish BTC
๐ฉ The targets:
1. $3.35-3.65 - the closest value area
2. $4.13-4.46 - the value area and strong resistance
3. $5.28 - the key level
๐ฅMy recommendation is to book at least 50-60% of profit. Set your sl at the breakeven when the price reach the 1st target.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
In this idea we will talk about the another possibility for you to open a trade on the pullbacks and make a profit.
โ Before the longs, take a look to my previos idea about this altcoin. As I said in that idea, watch BTC. If it show you the bullish signal, all the altcoin go up. It's not happen.
NEAR reach all short targets after the breakout of the channel. Amazing entry point at the test the channel as the resistance. Congrats traders who get profit and close it`s shorts last 2 days.
๐ Now let's talk about my preconditions to open a long:
โ false breakout of the key level+volume growth
๐ฅ some pullback to the key level of $2.9
๐ฅ squeeze to the trendline
๐ฅ bullish BTC
๐ฉ The targets:
1. $3.35-3.65 - the closest value area
2. $4.13-4.46 - the value area and strong resistance
3. $5.28 - the key level
๐ฅMy recommendation is to book at least 50-60% of profit. Set your sl at the breakeven when the price reach the 1st target.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
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๐ bit.ly/vip_bikotrading
๐ทTelegram ๐ t.me/+ICrmLIneDmRiYjIy
๐ทYouTube ๐ bit.ly/YouTube__Lessons
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