Long ideaBasic patterns I guess.
Opportunity for a few % gain?
If resistance breaks. Ready to moon...
BLOCKBTC trade ideas
Blocknet Ascending TriangleBlocknet has been consolidating in an ascending triangle for quite long and is due for a break upward very soon. A c&h has been made in the upper part of the triangle, so imminent breakout is probable.
simple pattern, simple target.
Target: 0.00645
SL: 0.0038
Bullish - LongAscending triangle.
Expecting a retest on the trendline or cloud before breaking out.
Low volume though.
$block #blocknet ready for breakout with lots of news Blocknet is a coin which a bought a few weeks ago because of its fundamentals and I didn't chart before.....
We're looking at a nice pennant which might break out pretty soon as lots of developments is going on with Block.
Their ICO was 3 years ago and their devs did an amazing job in developing. Block is ready to launch their decentralized exchange where many coins can be traded.
Fundamentally, I'm pretty hyped of its future with all the problems at exchanges, ico hacks etc, etc. Seems to me that a lot of traders are not aware yet of all the possibilities with Blocknet.
First target is blue box (based on fibo extensions) but I'm convinced it will rise much further.
Happy trading!
