Triangle breakout as most are seeing but somehow feels it can be fake breakout

in hive-160196 •  4 years ago 

Screenshot 2021-06-08 at 11.45.23 AM.png

-Despite the breakout from the triangle consolidation, it's not tanking as fast. Probably want to create hopium/slow bleed
-btc exchange balance sharp decline (can be fake too as previously it was pump with btc to create the sharp decline or just exchange/whale moving in/out of unknown wallets) with more long liquidation
-buy wall around 32000-30000, might just wick to hunt 30k stops then bounce.
-triangle breakout downside target, 26800 zone
-flag breakout downside target, 7800 zone

action : wait for 30k test and direction

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Crypto Exchanges that I m using :

Binance :
https://www.binance.com/en/register?ref=36126048
-Buy and Sell crypto at the top exchange by volume. -Orderbook to set your buy/sell orders.
-Low fee at 0.1% , if you use BNB, it will be reduced by another 25% > 0.075% per trade.
-SAFU > secure asset fund as an insurance for user's fund (https://www.binance.com/en/blog/307883269744750592/Binance-Is-SAFU-7-Ways-We-Secure-Your-Assets-247)
-Earn ROI for your idling crypto 1.2% for BTC, 4-6% for stablecoins, 4-18% for eth.

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How to buy bitcoin and crypto in Singapore
Coinhako :

https://www.coinhako.com/affiliations/sign_up/108402_49480712
-They have a slightly higher fee than fybsg (no longer in operation), use promo code (COINGECKO) to lower the trading fee from 1% to 0.8%
-Note you can't set limit buy/sell on coinhako, only market order.

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Tools that I m using
Trading View :
https://www.tradingview.com/gopro/?share_your_love=shulouto
-Free charting tool
-Load most of the basic indicators like MA, RSI etc
-Download the app to check on the ticker's chart on the go
-Paid plan for volume profile indicator


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