This had never been on my radar before. Looks pretty cool. I don't like waiting for retest after breakouts like this. I'd rather use it as a stop. So you can DCA, you can just market buy and use the range as a stop imo. Reward is good in any case.
Note
Coins consolidating since Jan are so dangerous, for shorters. This is one of the best consolidation ranges.Note
Don't be afraid of strength.Note
See how the price is stuck in a really small range? Fakeouts possible both way but this is already a sign of strength for me that hints continuation with no deep pullback. No deep pullback yet.Note
Yeah that was an epic failure of that little range :D I didn't see that coming. Free fall is not good. Let it bottom.Note
That'd be fun but just a bold assumption at this point.Disclaimer
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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.