🔥AVALANCE TRIANGLE BREAKOUT! 3 long targets!
Updated
Hi firends! 🔥AVAX is going to break the triangle. It`s a chance to open a long on the breakout!
It's highly expected after such long and exhausting consolidation. A lot of retail traders, newbees are leave the market in panic becsue of "crysis", "black mondays" news.
🚩 The bear market is great at sorting out those who will make money and those who will buy crypto at all-time highs.
📊 My preconditions to open a long:
🔥 identify the intentions of the big player. Take a look on the volume indicator. A lot of coins were bought at the bottom. That's mean the big player bought the bottom and going to sell the crypto higher.
🚩 The Dom and Footprint are the scalping tools that help me to identify the orders of the big players in real time. Usefull things to increase your winrate by 30-35%.
🔥 squeeze to the boundary of the triangle
🔥 bullish BTC pull all the altcoins higher
📊 The targets:
1. $21-22 - the closest resistance and local highs
2. $23-25 - the close value area
3. $30 - the key level
✅ I recommend you to take some profit when the price wil reach the targets. You need to book at least 50-70% at the second target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
It's highly expected after such long and exhausting consolidation. A lot of retail traders, newbees are leave the market in panic becsue of "crysis", "black mondays" news.
🚩 The bear market is great at sorting out those who will make money and those who will buy crypto at all-time highs.
📊 My preconditions to open a long:
🔥 identify the intentions of the big player. Take a look on the volume indicator. A lot of coins were bought at the bottom. That's mean the big player bought the bottom and going to sell the crypto higher.
🚩 The Dom and Footprint are the scalping tools that help me to identify the orders of the big players in real time. Usefull things to increase your winrate by 30-35%.
🔥 squeeze to the boundary of the triangle
🔥 bullish BTC pull all the altcoins higher
📊 The targets:
1. $21-22 - the closest resistance and local highs
2. $23-25 - the close value area
3. $30 - the key level
✅ I recommend you to take some profit when the price wil reach the targets. You need to book at least 50-70% at the second target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Trade closed: target reached
The AVAX chose the short scenario and triangle was broken down. The profit might be booked close to the local lows of $14-15 because of huge support.
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.