AION / BTC channel. Descending wedge. Potential U-Turn Zones

AION / BTC horizontal channel. Descending wedge. The potential reversal zone is shown on the chart in numbers. The best entry point will be from the bottom of the channel if the entry point is reached. Do not enter the market ahead of time!

Entrance and target
It is important to break the downward trend line and fix the price above it. Who has more aggressive trading and is ready for greater risk - entry to the breakdown.

Target and channel pitch shown on the graph. I advise you to work with more "mundane goals", so you will earn much more at a distance. Fixing the price above the channel resistance will give the potential for a reversal of the main trend.

Pump coin. There is this tool on the Binance exchange, and therefore during the pump it will sell to someone, like a huge number of hamsters.

Stop Loss
Set Stop Loss value with calculation of your trading strategy and money management.
Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work.

Read more about trading, psychology and sociology in my Russian telegram on the SpartaBTC channel.

Comment:

Trade closed: target reached:

+ 60% C Reversal zones №2 before the resistance of the accumulation channel. Now there is a potential reversal zone.