Reasons to consider this trade-
1. The coin has given a breakout above its trendline and is now retesting
2. The double bottom pattern has also been breached.
The trade is currently taking support from its 50 ema and looks good to go after its long consolidation. The entry points with stop loss and the possible targets are being marked on the chart.
1. The coin has given a breakout above its trendline and is now retesting
2. The double bottom pattern has also been breached.
The trade is currently taking support from its 50 ema and looks good to go after its long consolidation. The entry points with stop loss and the possible targets are being marked on the chart.