$ETC has the callisto airdrop March 5th. Noticed we are forming a symmetrical triangle here, and given a breakout, $60-70 will be the target within 10 days.
The trade is only validated upon breakout of the triangle which is looking like a good possibility now. Enter upon confirmation.
Breakdown of this triangle will invalidate the trade. Entering the trade now is risky but if you do, stop is set just under the recent swing low within the triangle.
Cheers!
The trade is only validated upon breakout of the triangle which is looking like a good possibility now. Enter upon confirmation.
Breakdown of this triangle will invalidate the trade. Entering the trade now is risky but if you do, stop is set just under the recent swing low within the triangle.
Cheers!
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correction... trade entered @33.3 with a stop of 32.5 ( super tight stop as we are hugging the trendline)
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Trend line is holding up nicely. BTC charts looking might good as well. However, things can change very quick so dont marry your bias. SET STOPS just incase.
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BTC chart.... repeat of last run with 100% potential before the airdrop? Wouldnt surprise me.
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So far so good. Volume kinda low but it just started peeking above that trendlinie
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AM! nice volume on that breakout! TRADE IS ON
adding on confirmation of a breakout