NomadMoxy

CDT Wedge Looking to Breakout!

Long
NomadMoxy Updated   
BINANCE:CDTBTC   None
CDT is moving within a few wedges and has the potential to breakout. The key for it to build momentum in the yellow wedge is for it to close above 1200 tomorrow without it breaking below. If it breaks below yellow movement within the blue wedge is expected.

My position is long.

TP: 0.0001

Duration: 2-3 years

Trade active:
came down to blue line and broke it a little, but has rebounded back into the wedge. This is acquisition time!
Trade active:
within wedge
Trade active:
within wedge
Trade active:
Within wedge.

Testing lower limits of the wedge.

If price remains above 970,things will be looking good.
However, there has been a lot of downward movement and there may not be enough momentum to bounce up.

looking with caution.

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