We see the global Triangle formed on this awesome coin's price. It's new, we see nice volume entered and left during autumn of 2018. Now, using Fixed Horizontal Volume, we see obvious volume accumulated near the bottom line of triangle, that can't be avoided by experienced trader.
BUY ZONE: 20600-21200
Why here? Bottom line of the triangle, huge horizontal volume, 38.2 Fibo Level of previous growth. Awesome enter point.
STOP: 20577 agressive, 20469 safe
Use second one if you wanna insure from local price punctures
TAKE1: 22488 - first Fibo level (78.6), short-term
TAKE2: 23857 - second Fibo level (61.8) + triangle top line + strong horizontal line - THIS TAKE PROFIT LEVEL IS OPTIMAL
Breaking TAKE2 we'd break the triangle up and come into the new growth phase with huge possible profit. Would advice you, guys, to set up 3-5% trailing stop after that and let this rocket go :)
How To Always Be Ahead Of The Crowd?
Entered this trade with my premium subcribers at 20600-20700 zone some time before. Wanna join for FREE? Type me in Telegram @DenisSmalianyi or send mail to cryptohacks.pro@gmail.com and I'll give you a one week trial for free
BUY ZONE: 20600-21200
Why here? Bottom line of the triangle, huge horizontal volume, 38.2 Fibo Level of previous growth. Awesome enter point.
STOP: 20577 agressive, 20469 safe
Use second one if you wanna insure from local price punctures
TAKE1: 22488 - first Fibo level (78.6), short-term
TAKE2: 23857 - second Fibo level (61.8) + triangle top line + strong horizontal line - THIS TAKE PROFIT LEVEL IS OPTIMAL
Breaking TAKE2 we'd break the triangle up and come into the new growth phase with huge possible profit. Would advice you, guys, to set up 3-5% trailing stop after that and let this rocket go :)
How To Always Be Ahead Of The Crowd?
Entered this trade with my premium subcribers at 20600-20700 zone some time before. Wanna join for FREE? Type me in Telegram @DenisSmalianyi or send mail to cryptohacks.pro@gmail.com and I'll give you a one week trial for free
Trade closed manually:
Forgot to update this on TradingView, should rebuy MDA on next horizontal level 18000-18100 and got x2
Would update trades in the future :)
Would update trades in the future :)