Crypto Trade Alert: Bancor Looks Like A Buy At This Level
Hi, I was scanning through a bunch of coins for some buying opportunities and I found Bancor. Here is the daily chart:
Comment: So, the main reason why I like this coin is the stochastic divergence. We have have had one lower low on the price while we have a uptrend when it comes to the stochastics. That is a very nice setup and this is a good time to get in. If you were to get in on this trade, I would set a stop/loss at around 0,000488 BTC and try to get in on the trade before 0,00055 BTC.
I will keep an eye on this trade going forward and if it holds it would be wise to hold it until the stochastics reaches 80+.
Happy trading!
It is good that you chose to share your vision with the community, people should view different approaches before deciding what to invest in.