2nd chance for buy-in if you missed the 0,019 bottom "again"
Updated
After completing a double bottom pattern (1st bullish indicator), this pair was expected to start going back up.
As a result of this action this pair also broke out of the triangle formation, resulting in een bullish sentiment, driving the pair upwards.
If one would heave missed the 2nd chance to buy back in at 0,019 after taking profit at 0,034, this is what could be expected:
After the triangle breakout, a retest of the "triangle break point" at 0,0218 is expected in a bullish pattern.
Wait for a clear bounce up from this point and buy back in then.
This is not trading advice
DYOR
As a result of this action this pair also broke out of the triangle formation, resulting in een bullish sentiment, driving the pair upwards.
If one would heave missed the 2nd chance to buy back in at 0,019 after taking profit at 0,034, this is what could be expected:
After the triangle breakout, a retest of the "triangle break point" at 0,0218 is expected in a bullish pattern.
Wait for a clear bounce up from this point and buy back in then.
This is not trading advice
DYOR
Note
As expected this pair made a retest of the triangle breakpoint and to add some bullish "oomph" also retested the original triangle at 0,020 before taking off as predicted.
Hope you took the chance to get back in?
Possible track: As marked - see chart.
Target 1: 0,03 reached - retrace to .618 fib at 0,025USDT possible
Target 2: around 0,037 - retrace
Target 3: 0,04
Not trading advice - DYOR
Note
Invalidation: a drop below the .786 fib at 0,0238 would invalidate this theory.Suggested stop loss, just below
Let see what it does, have a nice trade....
Note
Ouch,... a weird drop (manipulation) just to the .786 fib....Not invalidated yet if it bounces from here...
Note
SL breached...idea invalidated. - too bad... due to an enological sale (or manipulation???)
Should see a retest at 0,022 now before gradually going back up.
I will post a new TA as soon as there is a new and clear pattern emerging.
Note
Some triangles to watch before new TA becomes possible
Note
Just as I thought, a break from the triangle.
This pair is now in an upward channel.
Would expect a downward retrace to the triangle break point at 0,2614 USDT
If it bounces back up from there, new TA will become possible.
Note
This pair did bounce where I presumed it would...
Just observing that it's a stable move before making an new TA
Happy tradings to you all...
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