Get started
sombtcbarron

$CBTC Long Trading Targets: Playin' Around

Long
Siacoin / Bitcoin (POLONIEX:SCBTC)  
sombtcbarron  
POLONIEX:SCBTC   Siacoin / Bitcoin
Trend Analysis Chart Patterns SCBTC SC Cryptocurrency
6
0
trendanalysis chartpattern scbtc sc cryptocurrency
Just having a play around with basic trend lines & support/resistance lines.

Tried to play out a trade.

Target 1&2 is sitting on a defined support line. Following new trendline.

Target 3 is placed at ATH level

MACD is indicating (late) a bull run supporting my theory.

Have I got anything wrong? What are your thoughts?
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.