STTEM/BTC Channel Breakthrough. Expanding + Symmetrical Triangle

The previous trading idea for this coin yielded more than + 70% profit.
There was a breakthrough of the horizontal accumulation channel.
The price is now above the resistance of the horizontal accumulation channel.
An expanding triangle is being formed on a global scale. And now inside is forming a symmetrical triangle.

The monitoring area was shown on the chart.

TARGET
As the trend continued, I showed the levels of the target zones on the graph.

ENTRANCE
On a breakthrough or rollback after a breakthrough, if there is one, the resistance lines of a symmetrical triangle.

Stop loss
Under key support levels during your entry into the market.

The previous trading idea for this coin yielded more than + 70% profit.
STEEM. A major player is gaining a large position of coins.

+ 72% from the bottom of the channel

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+ 36% 1 target achieved 3 days after the publication of a trading idea
The total profit on the coin from the first trading idea is more than + 100%

تعليق:

After the breakthrough of the formation, the price made + 36%. Then I will give and return to the formation zone, a false breakdown of the upward trend (green line) was made.
The maker kept the price and the price made an impulse again + 22% from the resistance of the formation. Also on the graph we see a large volume.

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The goal of this widening triangle formation is achieved exactly +33 +22 + 44%

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All TARGET are closed + 430%

تعليق:

After a profit of + 466%, now a possible move is + 77.77% inside an expanding triangle.

Entrance at the break of the downtrend line of the local ascending pennant inside the diverging triangle. Beginners are not recommended to trade inside such formations.