SC / BTC Local uptrend channel. Former idea + 130%

BITTREX:SCBTC   Siacoin / Bitcoin
Accumulation channel. Step 130%. There is a local uptrend that is developing.

Entrance and target.
Price approached tight channel resistance. A breakthrough of it and consolidation above resistance can reverse the trend and, first of all, work out the target levels (zones) of the concave bottom (towards resistance).

If the price cannot overcome the resistance of the accumulation channel, then the local uptrend will break, perhaps sideways movement will begin in the zone of resistance of the channel. If the trend finally unfolds, then trade in a horizontal channel with a step of 130%. An ideal entry point in such cases would be entry from the bottom of the channel when confirming support.

Stop loss
Set Stop Loss value with calculation of your trading strategy and money management. Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work.

The previous trading idea of ​​this coin that made a profit very bistro + 130%

SC / BTC Locale Level. minimum downward wedge Pivot Points .

+ 130% to the reversal of the local trend from the entry point

Trading idea for SC / USDT
SC / USD (Siacoin) Dragon. Price at the trend fracture zone.

+ 105% Sniper accuracy millimeter to millimeter in the specified area.

Pay attention when he published trading ideas and when this local growth began. Compare this with my view of the training / trading / growth indicator alt. Also make an analogy now.

TRAINING BTC% dominance. When is the season of pumps? The Dragon. ABCD template.

The strongest faith in trading is faith in the power of your wallet.
Comment: + 22.21% After breaking through the resistance of the accumulation channel, the price reached the "resistance line" with millimeter accuracy. Possible rollback to the mirror level. Trend trading.

Do not forget that the altcoin movement depends on the BTC movement, and the BTC movement on the financial market.
At the same time, the financial market from events in the world.
22.21 Rock your brain and your thinking / actions.
Comment: The local uptrend continues.
+ 47% after correction to the indicated support level.
Further work in the local uptrend. Correction to the mirror level of the channel is possible.
Comment: In the area of the mirror level (the former resistance of the accumulation channel), a symmetrical triangle with a base of 75% is formed. The price is in a local uptrend at the border of the main trend reversal and exit from the accumulation channel. Enter on a breakout or pullback after a breakout towards the breakdown. The Binance Exchange has margin trading on this coin. You can work in two directions.
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Hi, your analysis is excellent. Thank you very much🙏🙏🙏
+1 Reply
@G72, thank you very much. good luck trading in the market
verry well. I like your projections on charts.
+1 Reply
@FlavCR, Thank you.
+1 Reply
SpartaBTC Valeriia_Top
@Valeriia_Top, Thank you
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