CryptoKraven

GNTBTC - Symmetrical triangle - breakout pattern confirmation

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BITTREX:GNTBTC   None
GNTBTC - Symmetrical triangle - breakout pattern confirmation

GNTBTC did a breakout of a 75 days falling wedge 2 months ago.
Since then, the price as RETEST the 'mean support'

GNTBTC is now in an uptrend - symmetrical triangle formation pattern.
PATTERN BREAKOUT CONFIRMATION

-BULLISH CONDITION

Now that the pattern did happen, the price need to go above the 'resistance breakout' - 4H closed candle with retest
If it hold and go up again - we are in this trade for LONG.

I already bought some at a bounce.
I am going to buy more with the next confirmation - ,breakout support' retest and up

-BEARISH CONDITION

If the price go below the support zone, downtrend confirmation
Lower low will break the uptrend.

Thank you,

CryptoKraven
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