NumbWolf

VEN Triangle Continuation Breakout + Indicators

Long
NumbWolf Aggiornato   
BINANCE:VENBTC   None
Looks like we're working towards a very healthy breakout setup with VENBTC.

Keyword = "working towards".

We need to see several things to happen for this setup to hold.
1) A convincing upward break on the triangle characterized by high volume
2) Contracting triangle (lower highs and higher lows)
3) MACD crossover
4) TTM Squeeze indicator should turn positive ideally

Too early to call this just yet, but looks like it's setting up nicely!
Commento:
Initial breakout was a success. Saw a nice 15% return in 10 hours.

Seeing some pullback on BTC/USD which may shake the crypto market again, nullifying the breakout target.

Please trade safely in this uncertain market!
Trade chiuso: obiettivo raggiunto:
Target reached. At the high point, hit 80350 Satoshi, and an opportunity for 60% returns.
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