The price has reached a local minimum.
A cup. Descending wedge. Potential double bottom formation. (upward movement to the local maximum level of 27-30 satoshi)
Entrance
1) on a breakthrough or pullback after a breakdown of a downward line of a local trend (wedge resistance). You also need to understand that after a breakthrough, lateral movement may begin.
2) Above the level of 30 satosh if the price is fixed above this level.
Target
1) Downward wedge + 80%
2) If the price is fixed above 30 satoshi - the potential is 75-150% of this zone, or + 300% of the entrance now or at the beginning of the upward movement from the local minimum.
Stop loss
Under key support levels during your entry into the market.
A cup. Descending wedge. Potential double bottom formation. (upward movement to the local maximum level of 27-30 satoshi)
Entrance
1) on a breakthrough or pullback after a breakdown of a downward line of a local trend (wedge resistance). You also need to understand that after a breakthrough, lateral movement may begin.
2) Above the level of 30 satosh if the price is fixed above this level.
Target
1) Downward wedge + 80%
2) If the price is fixed above 30 satoshi - the potential is 75-150% of this zone, or + 300% of the entrance now or at the beginning of the upward movement from the local minimum.
Stop loss
Under key support levels during your entry into the market.
Note
SC / USD (Siacoin) Dragon. Price at the trend fracture zone.
Note
there is a wedge breakthrough + 23%
Trade closed: target reached
From the moment of breaking the wedge + 40% Further all the goals on the chart.
Trade active
Trade closed: target reached
Trade closed: target reached
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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.
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: 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.