BTC is currently ranging and alts have been running nicely (and will probably continue, unless btc assblasts in either direction).
For now I will watch for entry points at the bottom trendline/upper trendline (if price breaks out) if a retest occurs in order to build a position.
Targets are shown in the chart.
Watching this closely. If the upper trendline gets broken, you should be carefully watching how the price reacts to the resistance.
I will be scaling into this trade incrementally:
First small entry: When price breaks out.
Second entry: When price successfully retests a critical area. (Either first breakout resistance or target line if its also gets broken)
(I posted this yesterday mistakenly to the german community, which is bummer because the breakout did print a nice fat candle and someone would've probably appreciated this signal)
I anticipated a nice breakout here yesterday and the first target already reached today.
Awaiting retests as an opportunity to build a position.
So my next signal to further build my...