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FieryTrading
Jul 10, 2021 2:10 PM

🔥 AKRO/BTC 1 Year Triangle: Ready For Take-Off Long

Description

Normally I don't look at BTC pairs too often, unless a nice opportunity presents itself. Today, I'm looking at the AKRO/BTC pair.

Recent price action is suggesting that the bottom support of the triangle held and functioned as a spring for the value to go up again. Obviously, BTC will need to remain relatively stable (read: not crashing) in order for this trade to be successful. Current target would be the top resistance of the triangle.

Be aware that this is a long term signal, so it might take a couple of months for the price to reach the desired target.

Happy trading!
Comments
CryptoTaiwan
Great content!
CobraVanguard
Loving it 👍🏼
financialflagship
Nice chart, keep up the good work. 😊
Helical_Trades
Good brother Axis
TheSignalyst
Agree Fiery
MMBTtrader
valid support here
VasilyTrader
What is your stop placement recommendation here?
SignalProvider
I always appreaciate your input on AKROBTC
quality stuff
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