Ampleforth / Bitcoin
Long
Aggiornato

Ampleforth / BTC

203
This is a tricky one. Price action has broken through the 21-week EMA (green line) to find support after months of resistance, gains are almost certain. I say it’s a tricky cause holding this token means you’re exposed to daily rebalancing of token supply. A positive return in only guaranteed if market capital / demand is increasing rather than token price.



Trade attivo
up 20% in 10-days not bad given the circumstances.

Higher lows continue = stay long.

istantanea
Nota
Now 55% - gotta love that 21-week EMA

istantanea
Nota
**Swing trade opportunity**

Price action up over 100% in 15 short days. A 'great sell' signal is now showing. Yes price action may continue to increase, however it is with low probability.

Also notice price action is outside the Bollinger Band. 95% of all price action trades inside the band with the mean tested as support, which is currently 35% below.


istantanea
Nota
Talk about timing it...

istantanea
Trade chiuso manualmente
Multiple bearish divergencies building up on this pair, might be time to rotate back into BTC, which kinda of makes since considering the oversold state.

istantanea
Nota
In fact here is the AMPL / ETH pair, overbought and now printing a conditional 'great sell' alert

istantanea

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