Bitcoin: The Exact Signals for Trading
Here is another example of how we can trade in the BTCUSD market. The price has been moving in the borders of the triangle chart pattern. We can use a breakout signal in combination with signals from Ichimoku for trading. If the price breaks the upper line, it will be a bullish signal. The price will be above the cloud and we will have a bullish market. The 1st target is 11 000$ resistance.
If the price breaks the bottom line, it will be a bearish signal. The market will be below the cloud and it will confirm a bearish market as well. The 1st target will be 10 000$ support.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
If the price breaks the bottom line, it will be a bearish signal. The market will be below the cloud and it will confirm a bearish market as well. The 1st target will be 10 000$ support.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Penafian
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