Hello everyone, analyzed the SFP/USDT pair
On this coin, the exit from the triangle took place. For a long time, the price consolidated in a descending type, but there was an impulse when the price exited.
There is a potential for x2, since in my opinion and after conducting a preliminary analysis, the price will be driven to close the candlestick shadow, where there was a false breakout and price return.
target on the chart, stop loss for the last low point of the false breakout. If the price reverses, the growth scenario is canceled, and the fall will continue to $ 1.28-1.49
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Go to my free channel and chat with other traders. Link in the description
On this coin, the exit from the triangle took place. For a long time, the price consolidated in a descending type, but there was an impulse when the price exited.
There is a potential for x2, since in my opinion and after conducting a preliminary analysis, the price will be driven to close the candlestick shadow, where there was a false breakout and price return.
target on the chart, stop loss for the last low point of the false breakout. If the price reverses, the growth scenario is canceled, and the fall will continue to $ 1.28-1.49
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Go to my free channel and chat with other traders. Link in the description