JustChartThings

#ANTBTC #cryptocurrency standing apart from the crowd with

Long
BITTREX:ANTBTC   Aragon / Bitcoin
its low volatility and generally strong stability in the current volatile environment in Bitcoin and many other alts. Also signs of accumulation with the recent long period of a higher low and days with huge volume but minimal price movement. Recently, we've seen this in Augur (REP), which I linked below. Not saying the same thing will happen, but I see most of these trades as simply exposing a portion of my trading capital to the opportunity at minimal and defined risk. Easy to define this on the chart, with the levels shown indicating a 1:2 risk:reward at minimum and closer to a 1:4 risk:reward likely.

Comment:
Just a note, it's easy for these short-term apparent ascending trendlines on low volatility to break, so important to keep tabs on horizontal supports.
Comment:
As the above comment shows, the "break" isn't really so until you see increasing volume; otherwise it's simply telling you the pattern isn't really one.
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