Currently in a triangle. Projected price target is based on maximum price action in the triangle/wedge which also matches 1.61Fib extension. Same extension worked before as well. Entry as we bounce back from lower support and enter into buy zone.
Trade active
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Still in play as instead of lower triangle support bounce, the price got rejected from 0.236 fib.
Trade active
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Order cancelled
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BTC quick drop changed all alts. Will update targets once BTC has settled.
Comment
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Never entered the trade. that is the whole point of setup. If it does not get triggered by preset conditions, we do not enter.