ETC Ascending Triangle - Watch Out for Breakout !
Ladies and Gentelman we're here to present you the ultimate trading oppertunity !
Chart has allowed us to spot a Ascending triangle pattern on 4h candles. Price action has bounced off Ichimoku cloud and MA 50 which supports further upward movement. Histogram of MACD indicator is switching it's direction towards up side which can be viewed as a bullish signal. You have to keep in mind that actual market condition isn't very supportive for day trading.
Position should be entered above Resistance Zone marked on the chart, approximately @0.0029 with stop loss @0.002766 and two profit targets #1 @0.00319 #2 @0.00345
Remember you are solely responsible for your trading and investing decisions.
Chart has allowed us to spot a Ascending triangle pattern on 4h candles. Price action has bounced off Ichimoku cloud and MA 50 which supports further upward movement. Histogram of MACD indicator is switching it's direction towards up side which can be viewed as a bullish signal. You have to keep in mind that actual market condition isn't very supportive for day trading.
Position should be entered above Resistance Zone marked on the chart, approximately @0.0029 with stop loss @0.002766 and two profit targets #1 @0.00319 #2 @0.00345
Remember you are solely responsible for your trading and investing decisions.
Note
Please look at our new short version of this currency.Order cancelled
Long trade was cancelled, short position was triggered.
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