(continuation pattern, in this example)
Contraction (ready for break-out)
Divergence (hint upward movement
Mainnet wallet release
How to trade:
Breakout of is confirmed when candle closes above the downtrending resistance line, or top line of the
Buy a retest of the former resistance (top of ) now turned support, especially if you see reversal patterns or seller exhaustion near this support point.
more details on graph.
sold 40% of position to regain original investment, will let the rest ride Q1 2018.
meaning, depending if u use btc to enter or USD to enter.
To trade successfully vs btc u have to account for it, for example if btc may go up 10% this week that must be accounted for in weekly trades
if it may go down 10%, may be good time to trade it vs alts doing weaker vs BTC
USD is much more stable so it's different, most of us trade VS btc or tether for convenience but I don't believe in tether.