Long entry over neckline with an uptrend. Break of neckline is 2.90 or your own opinion (o: Can be subjective.
Not a recommendation. This crypto-asset was forming a bull flag, but the flag got a bit to long for the pole. A flag that is too heavy can make the pole fall (o:
With a bottom pattern you can draw a line from the bottom to the trendline that forms the neckline, use the magnet, and project it from the neckline up for a guesstimate. Things change so you can play it by ear from there. Maybe another pattern will form and maybe not. Using overbought signals can help you get out in time.
Not a recommendation. This crypto-asset was forming a bull flag, but the flag got a bit to long for the pole. A flag that is too heavy can make the pole fall (o:
With a bottom pattern you can draw a line from the bottom to the trendline that forms the neckline, use the magnet, and project it from the neckline up for a guesstimate. Things change so you can play it by ear from there. Maybe another pattern will form and maybe not. Using overbought signals can help you get out in time.
Note
Correction/Long 2.1860
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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.