COCOS-BCX Downlink. Ascending Triangle (Bullish). Soon there will be a denouement of the situation. The price is near the breakdown zone of a downtrend.
Entrance to the market.
To breakthrough or rollback after breaking this figure. A very good entry point is planned.
Target.
Complete the development of the goals of the ascending triangle by 130%. You must also understand this coin for the Binance fraudulent pump.
In the recent past, it was no coincidence that they removed a couple of COCOS / BTC coins. Kills belief in growth in hamsters. When you need to give presents to hamsters, a trading pair will appear. The same thing happened with the DCN coin before the price increase of 8,000%.
I also note that in cases where the price does not consolidate above the downtrend line, the price can begin to move sideways, forming a horizontal channel of 130%.
If you trade because of hopes and expectations, and not according to a trading plan, you follow a nervous and unprofitable crowd.
Stop loss
Under key support levels during the launch of your market.
Remember to move the stop loss when the price rises, but consider the volatility of the coin.
It’s important not the Stop Loss size, but the entry point!
Use Stop Loss not to protect losses, but to protect profits! And that will allow you to make the right entry point!
It’s impossible to always make money in the market. It is important that there are more positive transactions than negative ones.
More information about trading, psychology and not only in my telegram in Russian SpartaBTC.
Entrance to the market.
To breakthrough or rollback after breaking this figure. A very good entry point is planned.
Target.
Complete the development of the goals of the ascending triangle by 130%. You must also understand this coin for the Binance fraudulent pump.
In the recent past, it was no coincidence that they removed a couple of COCOS / BTC coins. Kills belief in growth in hamsters. When you need to give presents to hamsters, a trading pair will appear. The same thing happened with the DCN coin before the price increase of 8,000%.
I also note that in cases where the price does not consolidate above the downtrend line, the price can begin to move sideways, forming a horizontal channel of 130%.
If you trade because of hopes and expectations, and not according to a trading plan, you follow a nervous and unprofitable crowd.
Stop loss
Under key support levels during the launch of your market.
Remember to move the stop loss when the price rises, but consider the volatility of the coin.
It’s important not the Stop Loss size, but the entry point!
Use Stop Loss not to protect losses, but to protect profits! And that will allow you to make the right entry point!
It’s impossible to always make money in the market. It is important that there are more positive transactions than negative ones.
More information about trading, psychology and not only in my telegram in Russian SpartaBTC.
Comment:
There is a breakdown of the upward triangle and the downtrend main + 22% from yesterday's entry point
Comment:
Further work on the trading instrument.
False breakout of the ascending triangle. Rollback. Not mirror-level confirmation. Rollback to the downtrend of the main trend. The confirmation. U-turn. Formation of the Dragon pattern at the local level inside the ascending channel. Continuation of the secondary uptrend.
False breakout of the ascending triangle. Rollback. Not mirror-level confirmation. Rollback to the downtrend of the main trend. The confirmation. U-turn. Formation of the Dragon pattern at the local level inside the ascending channel. Continuation of the secondary uptrend.
Trade closed: target reached:
+35% +32%
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✅ YouTube (Rus): goo.su/vpRzRa2