$REQBTC buy opportunity - 1D TF

I went in long $REQBTC yesterday as it looks to be building up on the daily and provides a favorable RR ratio.
4H MA50 has crossed MA200 and seemingly holds.
1D MA50 is closing to MA200 - it is now decision time. Volume is low - ready for a break-out to the up- or downside.
SL IF daily closes below MA50 and DC20 OR if on the 4H TF there is a bearish reversal close to respective day's end that suggests daily will fulfill the criteria (to optimize losses).

Next resistence is under 349 providing almost 100% potential gain.

Any comments are more than welcomed! Thank you and please trade carefully and with money you can afford to lose.

การซื้อขายยังคงดำเนินอยู่:

4H:

ความคิดเห็น:

1W - look at how weekly MA50 is currently well-aligned with next resistance identified on the daily by using DC20.

ปิดการเทรด ด้วยตนเอง:

For transparency - I have closed this trade and went after trades with better momentum potentially such as $MATICBTC and $RCNBTC.
This has not yet met SL criteria however due to the above I have closed my trade