Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_RVN
Exchange: BINANCE
Timeframe: 360
TP1: 0.01935
Entry: 0.01768
STOP: 0.01601
Entry Conditions:
| Trendline break
| RVI break
| Volume confirmed
Beware of the FED announcement volatility. I'd close early if up prior to the announcement in 6 hours. We can see wild swings in price in the minutes before the rate drops. Also if it is the anticipated pause check total market cap if BTC pumps. A lack of new liquidity will mean BTC dominance pumps even further pulling money from alts to fuel its breakout.
Market: Spot
Risk: 0.25% - 1%
#USDT_RVN
Exchange: BINANCE
Timeframe: 360
TP1: 0.01935
Entry: 0.01768
STOP: 0.01601
Entry Conditions:
| Trendline break
| RVI break
| Volume confirmed
Beware of the FED announcement volatility. I'd close early if up prior to the announcement in 6 hours. We can see wild swings in price in the minutes before the rate drops. Also if it is the anticipated pause check total market cap if BTC pumps. A lack of new liquidity will mean BTC dominance pumps even further pulling money from alts to fuel its breakout.
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.
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.