We need a break out here, or a strong and steady bull push.
Buying here is reasonable, with a stop loss at point A,
so if you can stand that loss, then this is an easy buy, with a break out potential.
If break out occurs, it could be very volatile and strong thrust up to the points 4 and 5.
However, if the the price lingers here for too long, downward trend will occur, especially, if BTC decides to ruin everyones day.
Hence the buyers here, require, or rather demanding something to happen.
Regardless, late comers should have been buying at ascending triangle at point 3.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
Buying here is reasonable, with a stop loss at point A,
so if you can stand that loss, then this is an easy buy, with a break out potential.
If break out occurs, it could be very volatile and strong thrust up to the points 4 and 5.
However, if the the price lingers here for too long, downward trend will occur, especially, if BTC decides to ruin everyones day.
Hence the buyers here, require, or rather demanding something to happen.
Regardless, late comers should have been buying at ascending triangle at point 3.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
Trade closed: target reached
Good Job, Ascending triangle gain reached!
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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.
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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.