#AltcoinSeasonComing #VIRTUAL $VIRTUAL Initiated a positio | Mr Livermore on Binance Square

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#AltcoinSeasonComing #VIRTUAL $VIRTUAL 
Initiated a position on this pull back with the 50-day as a reference for risk hence 2x leverage. I would like to see $2.30 get cleared. Would make me more confident in adding to my position.
The way the base is built, looks like a prime candidate to make a new all time high. 

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1.9228

+1.30%

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$VIRTUAL #AltcoinTrade Decided to write a longer trade plan on my position in #VIRTUAL (Daily, Weekly, Monthly charts attached below). First pocket pivot buy signal since it broke out of its standard base. To judge whether the move will have more legs, you just need to see how the asset runs up before the next consolidation. A very powerful move with volumes signal steady institutional/whale demand and that very like the asset will run further once it gets a chance to digest some of those gains. Digestion is what we saw as VIRTUAL pulled right back towards its 21EMA. Very natural for a momentum leader to pull back towards the 21-EMA. Thereafter it staged a pocket-pivot buy signal, first since the move began providing an entry for anyone who missed the initial move higher. I have based my risk off of the 50-day, hence why I have only 2x leverage. Then the plan is simple: a) Initiate a starter position which I have done. b) Watch how it does. Any pull back should be tight and on thin volumes. There shouldn't be any sharp breaks in price. c) If a pull back does happen, it will likely provide additional pocket pivot buy points and I intend on using these signals to add more. d) Levels to clear - $2.10 and $2.70 remain the most immediate levels to clear. There after it's $3.80 and the all time highs. e) Plan is to turn this into a position trade all provided it acts right. Could turn into a multi-bagger if so.

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#TradeStories #plume Initiated a long here. Volumes are in to confirm a pocket pivot but need to see prices close above the 10MA as well. In the case where prices don't close above the 10MA, I'll completely scale out of this position and look elsewhere. Bought it in "anticipation" of a close above the MA.

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#TradeStories #Cetus $CETUS Taking a long on this pull back. Pocket pivot yesterday. First buy signal off this consolidation. Very similar to what $SUI signal at 3.60 when entered.

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#SUI🔥 $SUI Looking for a potential pocket pivot buy signal here today. Bought some @ 3.60 but for the PP buy signal to come up, we need to see volumes higher than that of April 28th. Excellent consolation around the 200-day and you can't ignore it. A lot of institutional accumulation signs as well. Watch the close today. The close is what's important. Next to watch is the price action over the next few days—A strong breakout should always follow through so tomorrow will also be key. Breaking through 4.20 is key IMO.

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#xrp $XRP Triggering a first pocket pivot buy point. Ideally for someone who is looking to build a starter position here. Right off the 200-day as well. Hence makes it a high probability setup.

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