Hi All,
I don’t think anyone else will pick this but I think the long suffering NBTBTC might be ready for a Buy. This pair has been steadily falling for well years. So why would I buy it.
Recently for the first time since Nov 16 the 20ema, moved above the 50ema. It’s the first bullish sign in some time for any length of time. My super indicator is giving a buy signal and has been right for 6 of the 7 signals since price started to go up. It’s a pretty special indicator ad 6 from 7 isnt great for it, especially as the move establishes.
While it has fallen away a little recently the general trend on volume is up. I like that.
If the current bar closes above 0.000103, I will buy the high of the bar as price goes up. If not I will buy the high of the next Green bar we get.
I will put my SL below the 50 EMA (The red line) at 0.000098
Targets 1 will be 0.00141 (The Black line)
Target 2 will be 0.00018 (The higher Black Line)
and I will exit all just before the 200ema (The Green Line)
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To make dollars your decisions need to make sense. This is a different trade and as traders we must work out if its for us. It’s a trade that could return very high returns over time, but has some risk. If it’s not for you that’s fine, take your time we will help you find one that is.