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Long
Updated

STRATBTC long play

220
Currently in a triangle. Projected price target is based on maximum price action in the triangle/wedge which also matches 1.61Fib extension. Same extension worked before as well. Entry as we bounce back from lower support and enter into buy zone.
Trade active
Still in play as instead of lower triangle support bounce, the price got rejected from 0.236 fib.
Trade active
snapshot
Order cancelled
BTC quick drop changed all alts. Will update targets once BTC has settled.
Note
Never entered the trade. that is the whole point of setup. If it does not get triggered by preset conditions, we do not enter.
faisal309
Trend Analysis

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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.
Trend Analysis
faisal309

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.