#Accumulation_Recomendation
Pair : #NAS / #BTC
Platform : #Binance
RSI : 68
Volume : A huge amount of Volume is spiked and will give #NAS a very good energy to boost from here.
- Falling wedge created and broke out with a very good candle stick formation. MACD and RSI looking bullish in favor of the bulls and EMA is already below the price level which will confirm a reversal upward bull trend.
Note : After the first impulsive wave on this trend we will be seeing a good opportunity for accumulation on the 2nd correctional wave. For this accumulating partially will be a good trading strategy.
Accumulation Area : 1450 sats - 1550 sats
Distribution Area :
Short Term Targets
Target 1 : 1724 sats
Target 2 : 1894 sats
Target 3 : 2065 sats
Target 4 : 2302 sats
Target 5 : 2616 sats
Stop Loss : 1150 sats
Risk : High
Capital Allocation : Up to 5%
@cryptotalk_et
Pair : #NAS / #BTC
Platform : #Binance
RSI : 68
Volume : A huge amount of Volume is spiked and will give #NAS a very good energy to boost from here.
- Falling wedge created and broke out with a very good candle stick formation. MACD and RSI looking bullish in favor of the bulls and EMA is already below the price level which will confirm a reversal upward bull trend.
Note : After the first impulsive wave on this trend we will be seeing a good opportunity for accumulation on the 2nd correctional wave. For this accumulating partially will be a good trading strategy.
Accumulation Area : 1450 sats - 1550 sats
Distribution Area :
Short Term Targets
Target 1 : 1724 sats
Target 2 : 1894 sats
Target 3 : 2065 sats
Target 4 : 2302 sats
Target 5 : 2616 sats
Stop Loss : 1150 sats
Risk : High
Capital Allocation : Up to 5%
@cryptotalk_et