ARDR / BTC Coin Operated Observation Area. Past Idea + 130.13%

After a squeeze of + 130%, the price reached almost the bottom of the channel.

Input
Entrance is only above the specified area with confirmation of support and the volume of the buyer.
Perhaps for some time the price will equalize and there will be lateral movement with a small step near the support of the channel.

Stop loss
Set Stop Loss value with calculation of your trading strategy and money management.
Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work.

Target
I advise you to work with the goals of the accumulation channel of 40-50%. At least over 60% -70% of the position. No one can say exactly how long the accumulation in the channel will last, including the one who controls the price, like no one will reverse the trend with a weak general market trend.
Fixing the price above the channel resistance (yellow zone) will mean a reversal of the main trend.

The previous trading idea for this coin.
ARDR / BTC Ideal accumulation channel step 44% Coin operation.

A breakthrough of the support of the accumulation channel for people who bought at the bottom of the channel (to exit the market with small losses) and collect liquidity when collecting stop loss with support, where the main programmed crowd sets its stop loss.

Entering the market when a downtrend breaks.

+ 130% from the entry point to the maximum. All channel target and the target above channel - 939.

Develop your brain. Do not be a zombie. Show your individual logic and creativity in trading and understanding the market and people's behavior.
Trade is creativity. Higher psychology, managing people through numbers and their desires.

More information about trading, psychology and sociology in my telegram in Russian SpartaBTC.

Comment:

There is a breakthrough of the symmetrical triangle now about + 12% since the breakthrough of resistance

Comment:

Trade closed: target reached:

+ 25% + 37% + 44% The price reached the resistance target of the horizontal channel of accumulation. Now is a very important area and moment. The price may exit from the accumulation channel and trend reversal. If the price fails to overcome the resistance - further trading - accumulating position in the channel. 211322

Comment:

Channel resistance has not been overcome. Trading in a channel from potential reversal zones depending on the reaction of support / resistance levels.