Quantstamp Above MA200 = Fast Growth Potential (170%+)

٢ ديسمبر ٢٠٢١

I was looking for a pair that is looking good for a trade but also with potential to move fast.

When you see prices above the resistance, in this case in the form of MA200 and other EMAs, this means that the doors are open for massive growth.

You can have pairs with green candles/bullish action but trading below EMA100 and MA200, this would face resistance if they were to try and grow up fast.

But once the MA200 black line is below the current price, this signals that fast growth is absolutely possible.

This is the case for this chart.

We are aiming for 150%+ but we are happy with any profits.
Even if prices drop and we close the trade.
We accept our losses move on and try again.

Thank you for reading.

Namaste.