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dainex64676
Nov 6, 2021 2:56 PM

CRO symmetrical falling Triangle, possible breakout inc Long

Crypto.com Coin / TetherKuCoin

Description

Hello!

After reaching a top @ 0.395 it has the last days formed a falling symmetrical triangle, which can be a bullish signal.

Wait for it to break the upper side of the triangle and wait for at least 1 -2 candles to form for breakout confirmation, that will be a good entry point!

If it, however, falls below the triangle that will be a bearish sign and it might form a downtrend for the future, falling to the levels in the chart.

Remember, this is not financial advise,but rather my own idea on how it CAN play out!

TP 1: 0.398
TP 2: 0.42

Remember to use SL, always!


Happy Trading,



Comments
dainex64676
You are welcome!
actualERIK
Thanks a lot.
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