The Peoples Coin - Breakout Point Long

Description

⋅ Oct 19, 2017 7:09 AM

On a symmetrical triangle pattern.

Please take note of support and resistance lines.

Also noted are stop/loss and take profit areas.

⋅ Oct 19, 2017 7:14 AM

S/L is at 0.000455 (Sorry, guess my line got deleted)

⋅ Oct 19, 2017 6:22 PM

Careful of descending triangle.

Comments

RenegadeClock

⋅ Oct 19, 2017 7:37 AM

It's an interesting theory, but this still looks very bearish to me.

kokopuffs

⋅ Oct 19, 2017 7:41 AM

@RenegadeClock, there is a bullish divergence there on your chart... starting on the 9th.