1h time frame
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Bitcoin broke the downtrend line on 2nd Oct. Currently, Bitcoin is retesting to search R/S balance zone, also is creating a potential HS on 1h time frame, which is good for retesting structure because it shows potentially available support. However, we need to consider the possibility of longer consolidation, so this bottom HS trading plan will only be triggered while breaking neckline at 27650.
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Bitcoin broke the downtrend line on 2nd Oct. Currently, Bitcoin is retesting to search R/S balance zone, also is creating a potential HS on 1h time frame, which is good for retesting structure because it shows potentially available support. However, we need to consider the possibility of longer consolidation, so this bottom HS trading plan will only be triggered while breaking neckline at 27650.
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
