#ANTBTC #cryptocurrency standing apart from the crowd with

12 พ.ค. 2018

its low volatility and generally strong stability in the current volatile environment in Bitcoin and many other alts. Also signs of accumulation with the recent long period of a higher low and days with huge volume but minimal price movement. Recently, we've seen this in Augur (REP), which I linked below. Not saying the same thing will happen, but I see most of these trades as simply exposing a portion of my trading capital to the opportunity at minimal and defined risk. Easy to define this on the chart, with the levels shown indicating a 1:2 risk:reward at minimum and closer to a 1:4 risk:reward likely.

12 พ.ค. 2018

บันทึก

Just a note, it's easy for these short-term apparent ascending trendlines on low volatility to break, so important to keep tabs on horizontal supports.

18 พ.ค. 2018

บันทึก

As the above comment shows, the "break" isn't really so until you see increasing volume; otherwise it's simply telling you the pattern isn't really one.