BTT after the breakout
BTT is forming well after the breakout, which indicates that the coin could continue further up but needs a correction first, which could either happen at a previous level, or at fib 0.5 level.
Trade active
hourly TF shows a bounce from the level and from fib 0.5. Good chance of going up
Note
So perfect. Now we continue on swinging trades
Trade closed: target reached
Perfect swing!
now it either hits fib 0.5 level, or the price action level defined with the green line. Never rush and see if it goes further down for fib 0.5 level.
Good luck
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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.