BTC is currently ranging and alts have been running nicely (and will probably continue, unless btc assblasts in either direction). For now I will watch for entry points at the bottom trendline/upper trendline (if price breaks out) if a retest occurs in order to build a position. Targets are shown in the chart.
(I posted this yesterday mistakenly to the german community, which is bummer because the breakout did print a nice fat candle and someone would've probably appreciated this signal) I anticipated a nice breakout here yesterday and the first target already reached today. Awaiting retests as an opportunity to build a position. So my next signal to further build my...
Watching this closely. If the upper trendline gets broken, you should be carefully watching how the price reacts to the resistance. I will be scaling into this trade incrementally: First small entry: When price breaks out. Second entry: When price successfully retests a critical area. (Either first breakout resistance or target line if its also gets broken) Good...