- price compression within a symmetrical triangle
- slight bullish divergence on D1-Ch4
- attempts to exit the triangle on increased volumes
- good risk / reward ratio
- in the case of breaking through support, most likely will form a downward channel, which we will already analyze on the situation
Who is in position, stop to put under the support of $ 0.3. Profits $ 0.375-0.42-0.49-0.54.
Who is out of position, enter after penetration / retest of the upper (black) resistance. Stop and profits are shown above.
We carry out our own analysis! The figure is formed for quite a long time, do not forget that there is a chance for the price to go down, be very careful
- slight bullish divergence on D1-Ch4
- attempts to exit the triangle on increased volumes
- good risk / reward ratio
- in the case of breaking through support, most likely will form a downward channel, which we will already analyze on the situation
Who is in position, stop to put under the support of $ 0.3. Profits $ 0.375-0.42-0.49-0.54.
Who is out of position, enter after penetration / retest of the upper (black) resistance. Stop and profits are shown above.
We carry out our own analysis! The figure is formed for quite a long time, do not forget that there is a chance for the price to go down, be very careful
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