You can see it forming the W shape and each succesive time its being held down, when this coin pumps... there are gains to be made
Declining Volume
Uptrend RSI
Looks to be on an uptrend wedge.. just a matter of time when it will happen
Orange = local support / immediate stop loss
Green = Profit Targets
Red = Hard Stop loss
Tell me what you think!
This is a long trade and i feel like it may reject the wedge on its first chance.. lets see how it plays and hope for the best.
Declining Volume
Uptrend RSI
Looks to be on an uptrend wedge.. just a matter of time when it will happen
Orange = local support / immediate stop loss
Green = Profit Targets
Red = Hard Stop loss
Tell me what you think!
This is a long trade and i feel like it may reject the wedge on its first chance.. lets see how it plays and hope for the best.
Trade active:
I think its called a sine wave, not sure about it as im still learning !
Comment:
Trend being respected.. i may enter this trade once we reach the halfway point with stoploss. This will happen very quickly..