What we can see in the chart is the descending triangle which is a bearish pattern.
As the price is in the downtrend overall, we expect the price to break down.
Enter the position only if we get a break down with a volume surge.
It would be 40 % drop and the price would drop to approx. $0,26
Good luck
As the price is in the downtrend overall, we expect the price to break down.
Enter the position only if we get a break down with a volume surge.
It would be 40 % drop and the price would drop to approx. $0,26
Good luck
Note
Price is still consolidating inside the triangle.Trade active
Price broke below the support. Now the only direction should be southNote
Good progress. Final target still the sameNote
The price moving slowly towards the target .Trade closed: target reached
Tarched reached perfectly. Expecting a small bounce and later more downside
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.