Earlier we published a review on BTC, thanks to a volumetric analysis with an indicator of open interest, we close a short position and enter the market, here is a selection of the best altcoyins that technically correctly break into the market with a minimum of risk and a good profit-sharing ratio.
Meet the first applicant
XRP
The whole market is correlated with BTC, and theoretically it is possible to enter any altcoyin with the growth of BTC, but we still look only at the most technical options for entry.
XRP shows a rebound from the bullish trend line, as well as on the BTC bearish line is broken
At the same time, we observe a rebound from the point of control and from the zones of unbalance
Open interest shows two convergences for the opening of a long position, the angle of a big convergence is very pleasing, the more it is h4, the last divergence of medium power, but against the background of the turn of bitcoin this is also considered.
The nearest target is 0.84, where we will take a weighted decision,
The medium-term goal is 1.30, and in the long-term one it is not visible, considering the potential of the coin
The market will show everything and put it in its place
For the other altcoins, the picture is about the same, the profit to risk is at least 3 to 1, and this is in the short term
XMR
XMR
In the long-term perspective it is less attractive, but in the short and medium-term it shows similar relationships
NEO
Divergence of open interest of medium strength, risk / profit ratio greater than 3
All interested persons have free access to our indicator of OPEN INTEREST (link below) Video example of working with the indicator in comments
Training in trading with the possibility of obtaining a funded account
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Meet the first applicant
XRP
XRP shows a rebound from the bullish trend line, as well as on the BTC bearish line is broken
At the same time, we observe a rebound from the point of control and from the zones of unbalance
Open interest shows two convergences for the opening of a long position, the angle of a big convergence is very pleasing, the more it is h4, the last divergence of medium power, but against the background of the turn of bitcoin this is also considered.
The nearest target is 0.84, where we will take a weighted decision,
The medium-term goal is 1.30, and in the long-term one it is not visible, considering the potential of the coin
The market will show everything and put it in its place
For the other altcoins, the picture is about the same, the profit to risk is at least 3 to 1, and this is in the short term
XMR
In the long-term perspective it is less attractive, but in the short and medium-term it shows similar relationships
NEO
All interested persons have free access to our indicator of OPEN INTEREST (link below) Video example of working with the indicator in comments
Training in trading with the possibility of obtaining a funded account
We welcome your feedback and comments!
Liked - sign and put like!
Kommentera:
The market has subsided, but within reasonable limits, there is a signal to buy on neo, an excuse to lick and average. The market will show what will happen next, but at the nearest point of resistance we will sit in a small plus. On open interest, BTC draws a bullish convergence, according to NEO: there is also a bullish convergence and will now complete its bullish divergence. The volumes jumped, pick up at the control point. Averaged comrades))
