SpartaBTC

PPT Symmetrical Triangle. The first goal is 33% Merged into 164X

SpartaBTC Updated   
BINANCE:PPTBTC   None
PPT Symmetrical Triangle. The first goal is 33%. Merged into 164 X!
PPT Symmetrical Triangle. First goal 33%
I trade this coin from time to time. Downtrend. The coin from $ 64 merged to $ 0.39 $ 164 X in the negative !!!!!
Can you imagine how believing investors feel in this scam?)
The faith of the majority imposed by the minority destroys the mountains and minor minority deposits)
-------------------------------------------------- --------------------------
First goal + 33%
The potential of the figure + is not defined as a scam merged into 164 x))) There are no passengers. An obstacle if they pump up a coin will be the previous strong levels.
Buying Area - 0.000038 -40
Stop Loss Below - 0.000035-37 (depending on who puts it).
-------------------------------------------------- ---------------------------
Coin for speculation only. She only at the expense of made -164 X in the minus can give X profits.
And about goals, remember: "Greed begets poverty."
https: //coinmarketcap.com/currencies/pop ...
-------------------------------------------------- ---------------------------
At the moment, a symmetrical triangle. The probability of moving up and down is 50/50. The first goal is if the growth of the first resistance is about + 33%. Further on the situation, depending on how we break through the level and where we will gain a foothold. Coin is easy to trade. There are practically no passengers after such a discharge. Belief killed completely ... Heavy orders on the stock exchange have been removed today. We are observing.
Entrance is only on breaking the triangle up.
Comment:
PPT at the moment + 14.5%
Comment:
+21%
Trade closed: target reached:
1 sales target taken + 66%
Trade active
Trade active:
After taking profit + 66%, a symmetrical triangle is drawn, working out 50/50 up / down. GOAL - The base of the triangle is about 38%.
Entrance to the transaction on a breakthrough or rollback of the price,
Trade active:
Trade closed: target reached:
2 the target is taken, exactly + 38%. In total, more than + 100% is already
Trade active
Trade active:
a downward triangle is drawn. The next potential move. Potential 31%
Comment:
The descending triangle struck down, then the impulse + 64%
Comment:
PPT / ETH Expanding Triangle. Local uptrend. Pivot points . The price is in the middle of the triangle, which is not a good entry point. But there is a very strong level, there is a level reaction. Anchorages above it will mean an upward momentum, at least to the top of the triangle. Potential + 70%.
Fixing the price below this level will mean the direction of the price to the bottom of the triangle, which is -12%. I also designated an important zone.

Comment:
PPT formed a symmetrical triangle. The goal of working out the figure is + 100%, across the width of the widest part. It's funny that the first serious resistance is just at a height of + 100%. Now the price is inside this formation. Price made two waves, thereby starting to form a triangle. There are no clear rules with how many waves a triangle should consist of. It is important that with each new wave, price and volatility shrink and the moment will come when the price will be forced to or go beyond the aisles of the triangle up / down. Symmetrical triangle are figures of uncertainty, they work out up / down in a ratio of 50/50. All the pivot points on which further movement depends I depicted on the chart.

Levels and goals are likewise shown in the graph.
The entrance is at a breakout of a triangle or at a rollback depending on who is trading. It is not the breakthrough itself that matters, but the fixing of the price above the breakout.
Stop loss - not the size of stop loss is important, but the point of entry into the market and control of what is happening.

Also, pay attention to the last time when there was a similar triangle on the chart, how artificially knocked down the stop loss, for those who work clearly according to the rules of TA books. And without passengers, the price increase is + 100% from the zone of the breakthrough of the triangle. Or + 133% from the lowest point.

It’s stupid to trade now, to know where people put a stop loss and not use it. Not knocked down stop loss, means that when the price rises, these people will sell you + xxx%. Why feed freeloaders? This is a game who is smarter and more adaptive is always the winner.

Comment:

Everything goes according to plan, the third wave is drawn inside the symmetric triangle + 20%
Comment:
There is a breakthrough of the resistance of the symmetrical triangle. Rollback after a break, the price is currently above the top edge of the triangle.

Pivot points. If we keep the price above the downtrend triangle, then there is a high probability of working out the goals of the triangle.

If the price breaks the upper boundary of the triangle and fixes under it, then there is a high probability of the formation of a third of the internal wave of the triangle and clamping the price for strong movement.

✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: www.instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.