Friends, The pattern I look at here is symmetrical_triangle
http://stockcharts.com/school/doku.php?id=chart_school%3Achart_analysis%3Achart_patterns%3Asymmetrical_triangle_continuation
The Breakout can be either side of the triangle, but as the coin has good fundamental and had the decent correction, I am looking for an upside breakout.
MACD's trend is up another good sign.
Entry :
1) On the lower of the triangle or
2) Buy now or
3) On the breakout.
Target :
80% or approximately $9.
Stop loss : break below the lower side of the triangle, Exit.
I will keep this thread alive with updates. Post our thoughts, please.
註釋
Testing the top the triangle. Once broken, target is $5.15, $5.50註釋
Testing the top of the triangle. Once broken, target is $5.15, $5.50註釋
Price could not break the top triangle. Falling heavily. I may close on Pull back to the triangle and buy back at lower levels.
手動結束交易
Pattern broke downside. So call closed. One can close now or wait for a pull back towards the triangle.Next support at $3.
註釋
My support levels :Minor Support Levels : $3.85
Minor Support Levels : $3.55
Major Support Levels : $2.8 - $3.05
註釋
Hello friends, just a reminder. We are getting close to the Support.免責聲明
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免責聲明
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