I close alt/btc pairs when BTC corrects, because of potential flash crashes. I'll consider entering at E, looking good.
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Bought some here, however rule of max pain would mean alt/btc pairs make another water slide down. I could widen the triangle for another low. Tight stop.
Trade closed: target reached
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Scribbled this together yesterday, perhaps it plays out as it bounced on the symmetrical bottom overnight already.
Daily RSI
Daily volume nearly flat, not sure what to think of it overall, so far no reversal sign there.
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That went well, however no D breakout:
RSI:
For lols, or is it?, Neo/USD; 10 cents:
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Looks good, taking profit on short and laddering in.
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Wick in place, but is it the bottom? Could sneak closer to the apex and bull wick below. Either that or the triangle has to be widened, in that case, these trades were lucky-ish.
Trade closed: target reached
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NEO/BTC continues in the RELATED IDEAS seen below.
NEO/USD: The July 11th scribble is working out so well \\o\\
Please care to elaborate. I have no clue what you are seeing or expecting mate
RichiRichi
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@alexulu, It's a downward pointing triangle. It hit bottom three times before it hit the top 3 times, meaning it will likely break upwards.
Great risk reward, moved stop at break even and letting this baby ride.