Triple Top (or Double Top) I've been waiting for
Hey guys,
My second public analysis and I am trying out the basics, as you may have already noticed. BTCUSD seems to have formed a triple top just before dipping to the support lines, and a double top of larger scale. It might not make any sense, nonetheless, therefore your comments are really welcome.
Anyway, I went short at approx. 12,886 USD and opened long positions at 12,310 to 12336 USD. Let's see how it goes. I do believe we continue an uptrend movement with an upcoming heavy resistance at around 13,900 mark, as well as the tested resistance zone of 12800-13100 USD.
Good luck trading,
SP
My second public analysis and I am trying out the basics, as you may have already noticed. BTCUSD seems to have formed a triple top just before dipping to the support lines, and a double top of larger scale. It might not make any sense, nonetheless, therefore your comments are really welcome.
Anyway, I went short at approx. 12,886 USD and opened long positions at 12,310 to 12336 USD. Let's see how it goes. I do believe we continue an uptrend movement with an upcoming heavy resistance at around 13,900 mark, as well as the tested resistance zone of 12800-13100 USD.
Good luck trading,
SP
Nota
Ok, wasn't the sharpest tool in the drawer. Went short
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.