#DEFI
Timeframe: 4H
</strong>A month ago I showed you a diagram of completing and exiting a triangle[iv]: https://vk.com/wall-124328009_23988.Notice how exactly it has worked so far: both in terms of goals and structure. I’m slowly adding to my position on the defi index, and I’m waiting for the crypto spring in May. But I don’t forget about stop losses, of course.
Triangles are the most profitable at a distancewave analysis model, we pay special attention to them when teaching newbies how to trade and invest. They are easy to identify, so easy to find. They continue the trend, which means they are more likely to work out than other patterns and figures. And the trading strategy for taking positions in them allows you to take movements with p/l from 3 to 20.
Read this:
Are we talking about triangles? Wave analysis of the DEFI index. p/l 15
Trading signals! | OMG exit from triangle
Dash. The way up from the triangle began, it seems
What caused the growth of DeFi projects tokens and what awaits them in the future?
Buterin Sounded Alarm Over Excessive DeFi Inflation
What is DeFi? 10 facts about DeFi or 10 differences between DeFi and ICO