hello guys...
as you can see, this coin is in the bottom line of the broken ascending channel and the descending channel at the same time!
it is a great chance for the price to start another upward movement! but if the orange area is broken up.
so you can put a stop limit order for a long position that if the price engulfs the 3305 area then your long position will be active!
but if the orange area will not break then the price will break down the ascending channel to reach the 2540$ area!
___________________________
✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
as you can see, this coin is in the bottom line of the broken ascending channel and the descending channel at the same time!
it is a great chance for the price to start another upward movement! but if the orange area is broken up.
so you can put a stop limit order for a long position that if the price engulfs the 3305 area then your long position will be active!
but if the orange area will not break then the price will break down the ascending channel to reach the 2540$ area!
___________________________
✓✓✓ always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Note
if the price goes higher than 3305$ it will be bullish again!otherwise, the target of a short position is 2531$
Note
touched the orange area but it didn’t engulf itNote
the internal trendline broke up!
follow the wedge pattern and get the position aligned with the line break!
Note
the wedge broke down!target= 3096
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.