Potential swing trade : ATOM/INR
Reason
1.Its following the channel for a long time and would continue to do so as long as BTC doesn't dip.
2.Major updates on the way.
Entry -- 2050-2100
Exit -- 2400 - 2500
Profit -- 14% - 21%
stoploss: optional (1600)
Catching a falling knife technique
When u want to get into a position and don't want to regret not getting in at a lower price, u can average in your entry by placing multiple buy orders in the support zone.
1st image - before
2nd image - after
For those who are just waking up:
- Ukraine being invaded on four fronts by Russia and Belarus
- Airports + military bases shelled + numerous apartment buildings
- Cyber attacks
- Attacks reported all over Ukraine
- Futures, crypto, European markets crashing. MOEX largest drop
$MATIC swing setup -1D
lower and upper trend line drawn using lt1 - lt2,ut1-ut2 respectively.
Long when the candles show a bullish sign at the lower trend line(wicks .oversold RSI - 1st t) and short when bearish signs are shown at upper trend line -2nd 't'
#Crypto#swingtrade
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