1D Chart:
- still in flag formation (correction after last rise in late August)
- support level around 1.665 USDT zone
- low volume (today : 3.53mil / 24h)
Trading strategy:
1. buy when price will break the triangle formation
2. if the price breaks down the triangle, watch for buy around -100% retracement
Price range 1.286 - 1.106, which is a good zone to buy (max. retracement in 14 Aug)
Note
Same idea on shorter time frame:Note
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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.
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.