This had never been on my radar before. Looks pretty cool. I don't like waiting for retest after breakouts like this. I'd rather use it as a stop. So you can DCA, you can just market buy and use the range as a stop imo. Reward is good in any case.
Komen:
I'd imagine something like this.
Komen:
It makes sense.
Komen:
Coins consolidating since Jan are so dangerous, for shorters. This is one of the best consolidation ranges.
Komen:
Look at this. This is what I'm talking about. Change on the rise.
Komen:
Don't be afraid of strength.
Komen:
See how the price is stuck in a really small range? Fakeouts possible both way but this is already a sign of strength for me that hints continuation with no deep pullback. No deep pullback yet.
Komen:
Yeah that was an epic failure of that little range :D I didn't see that coming. Free fall is not good. Let it bottom.
Komen:
Well this is something. New range. Perhaps?
Komen:
That'd be fun but just a bold assumption at this point.