After a false breakdown of the triangle, the price moved according to option 2 - trading in the channel.
OMG / BTC Operation in the horizontal accumulation channel in increments of 30%.
Pivot points breakthrough / retention of important support / resistance levels on which further movement I will depend on the chart.
I also showed various options for entering the market after confirming support for a certain local level.
The target are all on the chart depending on what price movement is confirmed.
A breakthrough of the channel and fixing the price above the resistance of the channel will open upside potential to higher targets than the potential of the channel.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
OMG / BTC Operation in the horizontal accumulation channel in increments of 30%.
Pivot points breakthrough / retention of important support / resistance levels on which further movement I will depend on the chart.
I also showed various options for entering the market after confirming support for a certain local level.
The target are all on the chart depending on what price movement is confirmed.
A breakthrough of the channel and fixing the price above the resistance of the channel will open upside potential to higher targets than the potential of the channel.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
Trade closed: stop reached
Note
At the first entry point, according to the previous trading idea, it was knocked out by stop loss. I entered the minimum part of the allocated amount on a coin, how rarely when growth comes from the support of the "internal channel". But it happens sometimes.
At the moment, the price is moving to the bottom of the channel.
If channel support is confirmed there will be an ideal entry point with great potential and minimal risk.
Order cancelled
Trade closed: target reached
Trade closed: target reached
Trade closed: target reached
+ 70% + 211% + 365% From the bottom of the accumulation channel to the maximum of the pulse + 910%
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✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
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.
✅ 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
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.