TradingView
Saeed-sheikh
Oct 10, 2021 9:52 AM

Descending triangle ( Siacoin 1W ) 

Siacoin / TetherUSBinance

Description

(( please read the description ))

Trading in the descending triangle is done for weeks, Is it time to leave the triangle to test the resistance.

Upcoming events:
If the triangle breaks upwards, we can hope to test the resistance again.
If the triangle breaks downwards, only the support line will prevent further downtrends

tip :
MACD (Slightly reduced sales)
The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone .

I tried to identify the points of support and resistance for you, Trade smartly, Good luck.

.....................................................................
* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
.....................................................................

*** pay attention ***
BTC is influential in all transaction


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Please like, subscribe and share your ideas.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
More