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MC USDT triangle formation and volume building up

Our bots detection triggered for MC.

Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).

We can wait the breakout of the giant symmetrical triangle to buy the retest of the trendline or

We can buy at demand zone and wait patiently

Trading volume up > Price Action getting hot > market participant might be interest soon in this asset.

It looks like we are at the point of interest on lower timeframes

Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.

Take-Profits: on chart

Stop-Losses: according to your risk tolerance to any line below entry price

REMEMBER: set Stop-Loss at Break-Even when u are in profit FOR a ZERO risk trade

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註釋

MC daily levels