villar.martin

ENGBTC buy zone

Long
BITTREX:ENGBTC   Enigma / Bitcoin
Buying inside green circle, target 70K. Stop loss if trendline is broken downwards, or bellow 0.5 fib (24.2K), depending on the size of your position and your risk tolerance. Adding more to my position if we have a clear break above 0.786 fib (40K)
Comment:
Breakout + retest of resistance as support, this is very bullish, adding more here.
Comment:
Ascending triangle + cup and handle. From what my experience tells me cup and handles are less explosive when their bottom is close to ATH levels, and the sorter their time frame is, but might put upwards pressure to break triangle up. 1.68 fib level is the same as arithmetical projection of triangle
Comment:
*shorter != sorter ;)
Comment:
Trendline support broken, selling 75% of my position at 38% proffit.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.