ARDR/BTC Ideal accumulation channel Step 44% Work on a coin.
Updated
I have been trading this instrument from time to time for several years. Pump coin. Fairly good volatility and predictability of movement. At the moment, we have a horizontal accumulation channel of 44%, with a step of about + 60% from the lowest point.
Entrance and first target.
A very good entry point is now being planned. In the case of fixing the price in this zone and confirmation of support, upward movement can be realized to start as last time from these price values of about + 60%. From a safer entry point + 44%.
Who has more aggressive trading and who uses Stop Loss in their trading system, you can now enter the market. Stop Loss with channel support.
Stop loss
Set Stop Loss value with calculation of your trading strategy and money management. Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work.
The previous trading idea for this coin was published on December 27.
ARDR Channel. Reversal zones. Risk / Profit 1: 5
Profit + 60%
Entrance and first target.
A very good entry point is now being planned. In the case of fixing the price in this zone and confirmation of support, upward movement can be realized to start as last time from these price values of about + 60%. From a safer entry point + 44%.
Who has more aggressive trading and who uses Stop Loss in their trading system, you can now enter the market. Stop Loss with channel support.
Stop loss
Set Stop Loss value with calculation of your trading strategy and money management. Stop Loss percentage should be adequate. What matters is not the Stop Loss value itself, but the entry point and your system of work.
The previous trading idea for this coin was published on December 27.
ARDR Channel. Reversal zones. Risk / Profit 1: 5
Profit + 60%
Note
There is a breakdown of support
Note
Trade closed: target reached
Note
Trade closed: target reached
+ 25% + 37% + 44% The price reached the resistance target of the horizontal channel of accumulation. Now is a very important area and moment. The price may exit from the accumulation channel and trend reversal. If the price fails to overcome the resistance - further trading - accumulating position in the channel. 211322
Note
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