Inside Descending Triangle, possible breakout.
Volume decreased compared to the initial pump, has to catch up for a outbreak.
Wait till triangle is broken or get in early (higher risk, higher reward) and place stop loss below trendline.
- RSI oversold for lower timeframes up to 1h
- MACD still pointing upwards for 4H
Volume decreased compared to the initial pump, has to catch up for a outbreak.
Wait till triangle is broken or get in early (higher risk, higher reward) and place stop loss below trendline.
Comment:
Sry guys, i wanted to write ascending triangle, my fault.
Order cancelled:
Broke through support, TA invalid