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SpartaBTC
Jan 4, 2020 9:15 PM

ARPA / BTC A symmetrical triangle has formed in the channel. 

Description

A symmetrical triangle has formed in the downward channel. The price is clamped to the very corner of the formation. There will be a denouement soon. Symmetrical triangle figure of uncertainty. The full working out of the triangle is 38%. Perhaps it will stop the boundaries of the trend line of the downward channel.

ENTRANCE
1) On a breakthrough or rollback after breaking a triangle.
2) Entrance from the bottom of the channel, when confirming the support of the channel.

Zones (points) of the pivot and the purpose of certain movements I showed on the chart.

Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.

Comment

the triangle has been broken down. Trading from channel trend lines

Trade closed: target reached

+59%

Trade closed: target reached

101%

Comment

Trade closed: target reached

+ 85% for the specified target. Price fixing above the resistance of the divergent triangle and + 300%

Comment

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