It will grow more, over time, but I am showing an easy target for the purpose of trading.
I will read the chart and its signals for you.
👉 We are looking at PYRBTC on the daily timeframe.
➖ The major decline started January 2024.
The signal for me comes in June 2024, we can see a huge green volume bar yet the bearish wave is not yet over. This is an early signal.
➖ The bearish wave continues to develop and a new major low is hit.
As the new low is hit, there is no bearish volume. Buy volume is also low.
Super high bearish volume in May though.
➖ So we have a lower low with decreasing volume. This means that the bearish wave is over.
Couple this with the early whale-buy signal in June...
➖ Now, we have a volume breakout happening at a higher low.
➖ After a bearish wave we get a bullish wave.
The 125% should be an easy target in the short-term.
➖ Short-term means within 30 days (1 month).
Easy double-up.
Buy and hold.
Patience is key.
Sell when prices are up.
Namaste.
I will read the chart and its signals for you.
👉 We are looking at PYRBTC on the daily timeframe.
➖ The major decline started January 2024.
The signal for me comes in June 2024, we can see a huge green volume bar yet the bearish wave is not yet over. This is an early signal.
➖ The bearish wave continues to develop and a new major low is hit.
As the new low is hit, there is no bearish volume. Buy volume is also low.
Super high bearish volume in May though.
➖ So we have a lower low with decreasing volume. This means that the bearish wave is over.
Couple this with the early whale-buy signal in June...
➖ Now, we have a volume breakout happening at a higher low.
➖ After a bearish wave we get a bullish wave.
The 125% should be an easy target in the short-term.
➖ Short-term means within 30 days (1 month).
Easy double-up.
Buy and hold.
Patience is key.
Sell when prices are up.
Namaste.
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🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.