#PORTOUSDT Trayding planHi friends!
In this idea, I describe the reasons on the basis of which I consider trading in one direction or another.
1) Slow approach to resistance level;
2) There is energy to continue growing;
3) There is a power reserve;
4) The coin looks better than the market;
5) Parabolic rounding;
On the breakdown of the resistance level of $5.66 and the price fixing above it, I expect a good growth.
Target: $9.18
The trading system includes losing trades, do not forget to set stops and calculate risks correctly!
All profit!
PORTOUSDT trade ideas
porto Just an idea, not super confident with it; however, it would appear that the inverse porto (crypto) chart looks like a cup and handle . It's messy but the cartoon will do it justice. Around cents is a reasonable short term target, then, hopefully way down to for the inevitable long and prolonged bear market. Also, if my wave counts are correct...pm PST, we are in a initial wave to the upside with a correctivewave to follow. A impulsive 5th wave of shorter length to the upside will complete the first phase of this bull rally, and a ABC correction will follow in a perfect world. If this does play out, then aroundwould be a reasonable target.
Will Porto Moon???Kindly LIKE COMMENT and FOLLOW me
Reasons: simple clean chart 📉📈
I av two view currently on Porto,
First, we seems to be trading within within a symetric traigle.
Secondly, I see a falling wedge...
Now, if 4hr candle can close above 4.15, solidly... We may see more possible upsides,
Also if closes below 3.65, more down side
The arrows in the chart 📉 📈 shows some different possibilities of price actions
Entries should be price actions closing @4.15, solidly....
A break below @3.65, you must wait for price confirmations, before taking another entry!
Will keep an eye on price actions...
Pls note: Note Financial Advice,
Kindly do your own research!
PORTOUSDT trade updatePORTOUSDT trade has good chances to go up until it is in the 23% fib level. Trade will be up as it crosses down trend line.
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PORTOUSDT trade will go up from;;;PORTOUSDT token released recently from Binance. PORTOUSDT is running in 23% fib level and showing signs of stability . Here is point where you can enter for long position as trade crosses triangle zone. If trade go to bottom then next entry will be different and we will update next entry point. You can wait for break of triangle then enter for buy position.
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