Long

TRIG new cycle, 133% potential

Updated
TRIG seems to complete the market cycle.

It is in a downtrend but on the bigger picture, it is also forming a pennant.
Also Stoch RSI looks it's oversold and volume starts to decrease. This may suggest a trend reversal.
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The hourly looks that there is room to go lower, maybe it will touch 0.88 retracement from the previous cycle or go a little bit lower, but on daily it looks oversold.
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Also it is also in an interesting price area. The same price area acted as both support and resistance in the past.


Will take a position and will sell at key price levels that also match fib zones.

Targets sent in Telegram
Note
FA: June public launch of smartguns.com blog.blocksafe.network/2018/03/30/122/
Note
We seem to be forming a smaller pennant on the smaller timeframes
snapshot
Also on the higher timeframe, Stoch RSI, RSI and MACD seems become bullish
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We've also met some resistance under daily cloud
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Will try to average down in this trade a little bit.
Note
it was 4h cloud, sorry
Trade closed: stop reached
Epic Fail
FibonacciPennantSupport and ResistanceTRIGTRIGBTCtriggerstriggersbtc

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