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SpartaBTC
Jul 10, 2020 9:31 PM

ARDOR Impulse + 130.13%. Symmetric triangle. Denouement soon 

Ardor / BitcoinBinance

Description

ARDOR / BTC After a pulse of + 130.13%, a symmetrical triangle formed in the zone of the accumulation channel. Soon the denouement of the situation.
Entry on a breakout or rollback after a breakout of the resistance pattern.

Comment


There is a breakdown of + 11% to the specified level

Comment

+26%

Comment

Rollback after the breakout of the symmetrical triangle. A triangle is formed. Enter on a breakout or pullback after a breakout of a downtrend. Unfortunately, it won't work in two directions. There is no margin trading on this coin.

Comment

The triangle was broken down. Entry from the bottom of the channel upon confirmation of support and buyer's volume. Stop under the channel support. A safer entry into a long will be when the local downtrend breaks out like last time.

Trade closed: target reached

+25% +37% +20%

Trade closed: target reached


+ 25% + 37% + 44% The price reached the resistance target of the horizontal channel of accumulation. Now is a very important area and moment. The price may exit from the accumulation channel and trend reversal. If the price fails to overcome the resistance - further trading - accumulating position in the channel. 211322

Comment

Channel resistance has not been overcome. Trading in a channel from potential reversal zones depending on the reaction of support / resistance levels.
Comments
Medium_Senses
Spasibo 👌
SpartaBTC
blackriver85
what do you thinks happens now? thanks!
SpartaBTC
@blackriver85, I am in the update and wrote.
blackriver85
@SpartaBTC, can you make a screenshot of the channel pls
SpartaBTC
blackriver85
@SpartaBTC, thanks again! great channel !
SpartaBTC
@blackriver85, Thanks you. Good luck trading
blackriver85
@blackriver85, a belive we made a wick today above the channel
SpartaBTC
@blackriver85, ))) Quite possible.
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