Following a brutal shake out from highs of recent spike to 8's, it is back in the accumulation and buy zone ready to pump again to new highs from recent lows. the structure is the same as other ICO base plays.
Trade Strategy
Accumulation
5'2 - 7's
Ride out
7's - 1.2c
Breakout (Hold)
Above 1.2c to circa 8c (Big Break!)
Trade closed: target reached
Hit stop - it is in free fall
Trade closed: stop reached
Sorry - closed
Trade active
Falling wedge and getting closer to a breakout here. It's getting closer.
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