...of the Emergency Broadcast System. If this had been an actual emergency, you would have been instructed where to tune in your area for news and official information.
%% THEY work well in most any trending market; except sideways slop chop trend [ As far as ''riot,LOL''I bought a riot gun police model/ glad i did that once//thats enough
First post chart showed RIOT. New issue. Had up to breakout day an ATH of $4.58, which naturally means no overhead resistance. Not a matter of a pattern, any pattern. Just no one who bought higher that might be inclined to sell as price moved up. Period. A modicum of buying (and bull market, especially at the time in regards to bitcoin) pushed it higher and higher. No scan needed.
Fair enough...so where exactly would you get in? Where is your stop loss (if at all)? Where do you sell?
Hypothetical of course, entry tick above ATH @ $4.59, trail 3day low off each new high, excluding inside days, which would have caused me to exit on confirmed close below 3day low @ $19.35 1/21/21. Not too long after that price went parabolic. Again hypothetically if I was still in position (say I laid off half position previously) I would have moved up stop for remaining position to 2day and eventually 1day low with final exit very soon after peak.
Regarding the entry...there were multiple recent high entry points (break above recent high) on the chart. Which ones would you have taken and why?