GO LONG WHEN TOUCHING THE LARGE SUPPORT LINE TOUCHED 3 TIMES, EXPECTING TO BOUNCE BUT ALWAYS WAITING FOR VOLUME FOLLOWING THE BOUNCE.
AS YOU CAN SEE VOLUME HAS BEEN DECREASING SINCE THE DOWNTREND WHICH IS TELLING US BEARS ARE LOSING STEAM, SO IT IS MORE LIKELY TO BOUNCE OFF THE SUPPORT AND TRY TO BREAK THE TRIANGLE FORMATION, IF NOT IT WOULD BE A BAD SIGN AS BULLS WOULD BE REJECTED AGAIN WHICH IS LESS LIKELY TO HAPPEN.
THE LEVELS WHERE WE SHOULD BE GOING LONG OR LOADING BAGS ARE IN THE RANGE OF 6850.
HAPPY TRADING GUYS!
BTCUSD
AS YOU CAN SEE VOLUME HAS BEEN DECREASING SINCE THE DOWNTREND WHICH IS TELLING US BEARS ARE LOSING STEAM, SO IT IS MORE LIKELY TO BOUNCE OFF THE SUPPORT AND TRY TO BREAK THE TRIANGLE FORMATION, IF NOT IT WOULD BE A BAD SIGN AS BULLS WOULD BE REJECTED AGAIN WHICH IS LESS LIKELY TO HAPPEN.
THE LEVELS WHERE WE SHOULD BE GOING LONG OR LOADING BAGS ARE IN THE RANGE OF 6850.
HAPPY TRADING GUYS!
BTCUSDNota
As you can see everything is going as planned, now we have a big confirmation due to a simetrical triangle formation which indicates a continuation of the downtrend and never a reversal which will lead us to our target of 6850 range.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.