If you look at every daily chart, you will see that almost every coin has a bullish pattern sign. This doesn’t really imply that the downtrend is over or that there will be an uptrend. We only know that the bulls are declining the downward trend.
So Decred has been making an amazing uptrend, despite that almost every coin went down. The bears tried to push the price down by two times, but meanwhile you see that the bulls are squeezing the bears into the corner. This will lead to a continuation pattern, which is the ascending triangle.
The setup for this trade will be:
- The stop loss will be the support line of 0.01436059
- Target could be 0.01771530, but anything can happen on this way, that’s why I am going to update this chart until I am taking out my position.
ALWAYS keep in mind! That this is NOT an investment advice, but an analysis . You can do whatever you want with this information, so trade at your own risks!
So Decred has been making an amazing uptrend, despite that almost every coin went down. The bears tried to push the price down by two times, but meanwhile you see that the bulls are squeezing the bears into the corner. This will lead to a continuation pattern, which is the ascending triangle.
The setup for this trade will be:
- The stop loss will be the support line of 0.01436059
- Target could be 0.01771530, but anything can happen on this way, that’s why I am going to update this chart until I am taking out my position.
ALWAYS keep in mind! That this is NOT an investment advice, but an analysis . You can do whatever you want with this information, so trade at your own risks!
Đóng lệnh: dừng lỗ
Yesterday the red candlestick already closes below the support line
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.