POSITIONING TRADING STRATEGY
From volume profile we can see that GO/BTC has been accumulating since July 2019.
The resistence is going lower and creating a pennant pattern.
MA 100 and MA 200 meet.
if the pair can break the support and MA 100 and 200 be the support, the pair is getting ready to reach the target
The support is in the red line below the price
Buy entry :
103 - 120
Target 1 : 181
Target 2 : 211
Target 3 : 250
Target 4 : 298
Target 5 : 360
Stop Loss : 82
Calm and patience is one of successful trading key using Positioning Trading Strategy