Looking if Price will move as marked. (Orange arrow). Where i would enter the long at the cross between the two trendlines and a by then Support area.
Target is based on the next big Resistance area.
Dont forget:
- Watch your Risk management
- Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
Target is based on the next big Resistance area.
Dont forget:
- Watch your Risk management
- Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
Order cancelled:
As it didnt manage to get again above the trendline - and also with a further breakdown i wont take any trade based on that idea.