SOT March Chart off week 3 Steem/BTC

This is my March week 3 chart I think Steem may take another run up if it can ride the hourly uptrend to break out of the 4 hr wedge. I have described on the charts and in the description my entry, targets and stop loss.

Entry - 1172
1st Target - 1212
2nd Target - 1319
3rd Target - 1410
Stop Loss - 1100

**Legend**
Monthly - Grey
Weekly - Yellow
Daily - Red
4 Hour - Green
1 Hour - Light Blue

Commentaire:

Broke down under the 1hr uptrend. Watching closely to see if it tests the bottom of the wedge.

Commentaire:

Broke out of the bottom of the wedge. Will watch to see if it bounces of the next daily before stopping out.

Commentaire:

First level touched @1212

Commentaire:

Broke out over the top of the 4hr down trend (if you continue the wedge down).
Going to keep a close eye on the move as it gets close to the first target.

Commentaire:

Should have sold when first target was hit.
Price dropped soon after when bitcoin dropped price.

Trade fermée manuellement:

Sell price - 1172
Profit - 0%
Came out of the trade neutral.
Move needed more time.