KEY trading opportunity
KEYBTC 6.19%
is in a ascending triangle . This can offer us some trading opportunity's. These are the guidelines that I follow:
- Watch for volume , this can be low when following the pattern. A breakout to the upper side needs to have a good volume increase. Without that the breakout is not confirmed, sell around resistance and wait for next attempt.
- If key falls below the lower line of the triangle the pattern is invalid, I will exit and wait for a new opportunity.
I just wanted to share this because there are a lot of very positive signals around this coin. But maybe it will take some time before the action really starts.. in the meanwhile some smaller trades can be very interesting.
good luck all!
is in a ascending triangle . This can offer us some trading opportunity's. These are the guidelines that I follow:
- Watch for volume , this can be low when following the pattern. A breakout to the upper side needs to have a good volume increase. Without that the breakout is not confirmed, sell around resistance and wait for next attempt.
- If key falls below the lower line of the triangle the pattern is invalid, I will exit and wait for a new opportunity.
I just wanted to share this because there are a lot of very positive signals around this coin. But maybe it will take some time before the action really starts.. in the meanwhile some smaller trades can be very interesting.
good luck all!
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