ANKRUSDT - bullish flag formed towards to end
www.tradingview.com/chart/nSeV9PgK/
Bullish flag formed towards the end of flag price action has to go somewhere after this squeeze. +30% increase expected to first resistance of 0.21643. Strong volume will confirm breakout. Low volume during consolidation is valid for the buildup.
This is my journal, not financial advice.
Bullish flag formed towards the end of flag price action has to go somewhere after this squeeze. +30% increase expected to first resistance of 0.21643. Strong volume will confirm breakout. Low volume during consolidation is valid for the buildup.
This is my journal, not financial advice.
Trade aktif:
Small breakout from the apex. If price closes above blue line, expect a rally in sync with bitcoin consolidating. Other wise it could be a false breakout if price goes below and dip lower. Remain previous stop loss.
Trading ditutup: stop tercapai:
Bitcoin noise with whales coming into short the market scooping and liquidating longs for a midweek bargain came into play and hit my SL. Pattern went out of bottom triangle but came back into play afterwards. Might go long again