Panjang
GNTBTC - Symmetrical triangle - breakout pattern confirmation
GNTBTC - Symmetrical triangle - breakout pattern confirmation
GNTBTC did a breakout of a 75 days falling wedge 2 months ago.
Since then, the price as RETEST the 'mean support'
GNTBTC is now in an uptrend - symmetrical triangle formation pattern.
PATTERN BREAKOUT CONFIRMATION
-BULLISH CONDITION
Now that the pattern did happen, the price need to go above the 'resistance breakout' - 4H closed candle with retest
If it hold and go up again - we are in this trade for LONG.
I already bought some at a bounce.
I am going to buy more with the next confirmation - ,breakout support' retest and up
-BEARISH CONDITION
If the price go below the support zone, downtrend confirmation
Lower low will break the uptrend.
Thank you,
CryptoKraven
GNTBTC did a breakout of a 75 days falling wedge 2 months ago.
Since then, the price as RETEST the 'mean support'
GNTBTC is now in an uptrend - symmetrical triangle formation pattern.
PATTERN BREAKOUT CONFIRMATION
-BULLISH CONDITION
Now that the pattern did happen, the price need to go above the 'resistance breakout' - 4H closed candle with retest
If it hold and go up again - we are in this trade for LONG.
I already bought some at a bounce.
I am going to buy more with the next confirmation - ,breakout support' retest and up
-BEARISH CONDITION
If the price go below the support zone, downtrend confirmation
Lower low will break the uptrend.
Thank you,
CryptoKraven
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.