OSTBTC Right in Progress of Adam and eve pattern you wait for confirmation.
You can take a trade after Neckline break Upside with Fully bullish Volume.
Note: This is only for Educational Purpose this is not Investment advice.
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- entry at break of ascending triangle
- stop below support invalidates idea
-targeting previous highs
- Lock in some profits at 50% of current range
- Believe that this is in accumulation range so currently playing inside the range with this play
- may see break higher which will be shown on follow up twitter chart
- good R:R on this trade
OST has been in the progress of forming a falling wedge lately. My prediction is that it'll drop as low as 0.00001950 BTC which coincides with 0.786 Fib level on 1D, it will bounce. Or somewhere at that level. In any case, even now the price is good for an entry (considering the big picture) and would be better shortly. Keep an eye on this one! Fundamentals of...