A symmetrical triangle on DMT/BTC chart.
Updated
Well, what we can see here is a symmetrical triangle. The volume is falling just like it should be before a breakout. It possibly could give us a good point to get in.
So if the price breaks the resistance line and even the 1h candle closes at above 0.00006500 BTC we may buy and wait.
The first take profit I see as 0.00008000 BTC. And the second one could be at about 0.00010000 BTC - too good to be true but who knows.
Stop loss is 0.00006000 BTC. And don't forget about false breakout possibilities!
So if the price breaks the resistance line and even the 1h candle closes at above 0.00006500 BTC we may buy and wait.
The first take profit I see as 0.00008000 BTC. And the second one could be at about 0.00010000 BTC - too good to be true but who knows.
Stop loss is 0.00006000 BTC. And don't forget about false breakout possibilities!
Order cancelled
Price goes too low for the pattern as we can see.
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