In the previous idea we were looking for safe buy opportunities. The breakout long trigger had been attached to the trendline, and the price broke it @ 8200. Then it took some time for a classic bottoming pattern to emerge (H&S). This breakout trade was best exploited in TRON: 
Currently, the standard H&S target is 9018. Short-term trend is now 'Sideways' and is quite in terms of volatility. In fact, it is extremely quite (squeezed), because the average volatility now is even lower than on May 3 - just before sharp price moves occured. We should now be prepared for similar price action.
Currently, the standard H&S target is 9018. Short-term trend is now 'Sideways' and is quite in terms of volatility. In fact, it is extremely quite (squeezed), because the average volatility now is even lower than on May 3 - just before sharp price moves occured. We should now be prepared for similar price action.
Nota
Price has entered the support zone following a smaller-degree H&S pattern (M15).Given the formation of bearish Triangles in ETH and RIpple (chart is under way), we may see yet another sell-off here. For me 8200 is the invalidation level for this bullish scenario.
Nota
The Ripple trade: 
Nota
The Ethereum chart is growing bearish too: 
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Telegram: t.me/NixTrading
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Сигналы: NixService.net
Агент-аналитик: t.me/NixAgent
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.