A symmetrical triangle is formed. The base of the triangle is over 200%. The price is shrinking. I marked the observation area. Target levels are similarly shown on the chart.
A local upward trend is developing. The secondary and main trend are downtrends. If the triangle is broken down, a double bottom will form.
I marked the zones of price levels. Remember the support / resistance level is the area near the center of the line, not the line itself!
Now there is no entry point, but only a situation for observation. Enter on a breakout or pullback after a breakout of support / resistance. The tool allows you to work on the market both long and short.
Past trading ideas for this coin. ETC / USD Profit from entry point to maximum + 240%
Hello Master, if possible, evaluate the ontology (ONT / USDT) as well. Thank you for your efforts 🙏🙏👌
SpartaBTC
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@G72, ONT / USDT. Downlink. Local uptrend. Trend reversal zone
SpartaBTC
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@SpartaBTC, ONT / USDT Main downtrend. Downlink. Local uptrend. Keep the ascending channel .
The professional work of a market maker is visible. Reminds LTC / USD or ATOM / BTC .
The price has now approached an important trend reversal zone.
SpartaBTC
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@G72, I made a trading idea for this trading pair.
NotAthing
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Seems like ETC getting close to break out from your big triangle .
SpartaBTC
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@Dare2Btop, There is a breakdown of the resistance of the triangle
SaeidB
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hello
what do you think about ETC?
it can grow to 15 USD?
because triangle is broken up, a double bottom was happen