ANDY: Constructive Price Action – Will It Pull a PEPE?
Updated
Giving this one a shot. ANDY
Things are setting up for a potential breakout after the third attempt at the trendline.
Focus should be on price movements within the descending pattern to determine if it’s worth taking the trade.
If a stock or asset shows no signs of life, it might be best to remove it from the watchlist. You want to see a strong inclination towards the descending trendline with a few tests.
Things are setting up for a potential breakout after the third attempt at the trendline.
Focus should be on price movements within the descending pattern to determine if it’s worth taking the trade.
If a stock or asset shows no signs of life, it might be best to remove it from the watchlist. You want to see a strong inclination towards the descending trendline with a few tests.
Trade active
Entering here.
Might retrace a bit more but this is a good level
Trade active
If you check the 
FET post, you'll see why I was expecting another retrace after my entry. This didn’t catch me off guard. I added more and let it play out around my invalidation area without any real signs of falling over.
Moving closer to first TP!
Trade active
Partial Profits taken.
Can't get much closer than this.
Adding some back into this gray region.
Trade active
It’s straightforward: detach from emotions and align with the market.
An additional 20% on top of your initial entries. With price movements becoming more dynamic after a quiet couple of quarters, now is the time to act while remaining risk-aware.
We don’t know how long this trend will last, so focus on the opportunities the market presents.
Trade active
There’s too much strength in this one. The second target doesn’t seem far off. If we get one more retracement, it could lead to some serious fireworks from there!
😎✨🐸
Trade active
Taking some off here at this level.
It's a pivotal area for me so might as well play it safe
Trade closed: target reached
This is good enough for me.
Could go higher as always so don't forget to leave a moon bag running
Note
I’m glad I closed this position. I'm waiting for a new base to form before buying back in.
If
BTC retraces to 60k, I’ll be cautious about how low it might dip.
Keep in mind, this one still has potential. We’re just capitalizing on the initial impulse for now.
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