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* Open * - BUXBTC - Qty 149.85, Not sure entry but worth $139.78

154
Not sure of the original entry for this.
This is an old entry from 2018, great pattern of Daily Triangle and upside breakout.
Watching for the next Triangle to form.
Dagangan aktif
Significant drop since yesterday, but still forming next triangle for now.
Dagangan aktif
Big drop continued but buyers back in and triangle extended line has been respected.
Dagangan aktif
syot kilat
Nota
Extended triangle trend line did not hold up.
Sharp drop in the last 4 hours, looking to see if new monthly pivot holds.
Value has dropped to $115.13 as of writing.
Dagangan aktif
Strong bounce overnight, potentially due to receiving registration from Dutch Central bank.
press.getbux.com/198037-bux-crypto-receives-registration-of-dutch-central-bank
Nota
Currently $145 AUD at moment.
Dagangan aktif
syot kilat
Nota
Monthly Pivot provided support and another triangle pattern forming.
Of course, you can draw any pattern you want on a chart, means nothing!
Unless lots of other people happen to see the same pattern, then the pattern trade may play out. Modern markets lots of pattern failures and fakeouts, but thats ok, you can play both.

Strong trend higher over last few weeks, trying to stay above 0.00001200 in very near term for a further potential bullish push higher.

Watching monthly pivot at 0.00000980 to main momentum.
Nota
Bullish Stance
* Monthly (April) Pivot help support 6 days ago.
* Daily trendline providing support
* 3rd Triangle could be forming
* 20 Day and 50 Day EMA proving smooth uptrend at moment.
Dagangan aktif
Bullish
* Monthly (April) Pivot continued to provide support on multiple times.
* Higher on weekly Pivot as well, which is above Monthly.
* Forming semi-circle pattern in daily

Bearish
* Lower smaller triangle
Nota
Consider SL in 0.000000900 area
Dagangan aktif
syot kilat
Dagangan aktif
Trade looking positive to the upside again.
Chart 1 - MA 20 and 50 providing daily support.
Chart 2 - Monthly, Weekly providing support
Chart 3 - Cross over EMA a few days ago, small expansion at moment.
Chart 4 - 50 % Fib retrace provided strong support over April.
Chart 4 - Paralell channel/flag potential bullish breakout.
Dagangan ditutup: hentian tercapai
syot kilat
Over weekend I put a SL Order at 0.00000928, which was close to the previous months base. The purple line shows my exit.

I got filled and am now flat, it did go higher but now back under that level.
Staying flat on this coin for now.

Penafian

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