If we break this triangle up, I think there is good chance for run to 12.46. SL is last local low. Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL). Valid until SL level hit (even if BUY STOP-LIMIT not filled before). RRR is 4.75.
Red triangle broken UP Yellow neckline of inverted H&S broken UP, and successfully "backtested" Blue trendline broken UP, and successfully "backtested" Target is height of the triangle projected from the breakpoint >> 210. Already long, but will add more. Check the related LTCUSDT chart for more details. Cheers
After volatility compression, there is always volatility expansion. Cardano is compressed into this triangle and seems to be breaking out. Will the last local high (BUY LIMIT level) get retested once again giving chance to hop in? Well the price just dropped there right now as I'm writing this post. Target is height of the triangle projected from breakpoint. SL is...
This is aggressive entry in anticipation of the triangle break out in direction of long-term trend. The target is rough estimate and will be fine-tuned later (once the triangle is really broken). RRR around 5 anyway. Valid until SL level hit (even if BUY STOP-LIMIT not filled before). Cheers!
Ripple still not dropping lower as I would wish (see related idea), so I'm going to add to my longs here, once the price breaks out. It's aggresive approach, but hey ... I will give it a shot. Valid until SL level hit (even if BUY STOP-LIMIT not filled before). Details about this TP level also in related idea.
Are you ready for another run? If the price hits the BUY STOP-LIMIT, I think the DOGE is going to get the bone (TP) fast and furious! Pattern invalidated when the price hits SL level, even if the BUY STOP-LIMIT has not been filled before.
After the initial head fake (see related chart below), OMG broke out in the expected direction. The triangle has been slightly revisited. If I wouldn't catch the initial breakout, no FOMO. I would just set the BUY LIMIT, chill and wait for pullback. ;-) It comes often. BUY LIMIT @ last local high before break. SL last local low. TP is height of the triangle...
Tracking triangle breakout. BUY STOP-LIMIT @ last local high. SL last local low. TP is height of the triangle projected from triangle breakpoint. Invalidated when the SL level is hit, even if the BUY-STOP LIMIT is not filled before. If you don't catch the initial breakout, don't FOMO! Just set the BUY LIMIT, chill and wait for pullback. ;-) It comes often. Then...
Don't mess with this thirsty DOGE! The breakout seems inevitable. May be one little fractal before the break? Let's see. Check the related idea below for info where to take profits. Cheers!
Will go long if the price pulls back to the triangle breakpoint (BUY LIMIT). Tight SL, great RRR. The price should go to the TP level just to fill the gap created by the huge plunge before.
Tracking triangle break. BUY STOP-LIMIT @ last local high. I think the trigger is coming soon. SL last local low. TP is height of the triangle projected from mid of the last range (local high - local low).
Didn't catch the breakout, so just hoping the last local high (BUY LIMIT level) will get retested, so I can hop in. Target is height of the triangle projected from breakpoint. SL is last local low.
DOGE is barking @ the moon right now. Even if HODLer I would consider taking SOME profits of the table around 0.145. I will also TP at lower level - 0.98, which should be soon. Let me know your thoughts. Cheers!
The volatility compression is always followed by the volatility expansion (sooner or later). I think the XRP is going to break out of this triangle to the upside. I'm just waiting to be filled. The pattern would be invalidated when the price hits the STOPLOSS level (even if the buy stop-limit is not filled before). I will take profit in the area where last spill...