DNT vs BTC Long
Updated
DNT is showing movement within a wedge. There is a possible hidden descending triangle in the mix (yellow line) so I am going to hold off for a day or two before acquiring to see if we bounce off or break the yellow line.
Trade active
bought at 1260.Trade active
within wedge.Trade active
Testing the bottom of the wedge. Move will be determined in the next day or so. If support holds at the 1350-1400 levels, we will remain within the wedge and move closer to a breakout. Trade closed: stop reached
Broke downwards and down about 20%. Stop loss triggered at 1000. Will look for new entry.
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