A foreign exchange pattern in the BTC market

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Hello friends,

As you see, these patterns are Expanding Triangles.

In an expanding triangle, each individual leg is larger than the previous one.

As a result; an expanding triangle sends out contradictory signals for traders, which leads traders to make faulty decisions!

A Possible scenario is shown in the chart.

BTC (4h)-Technical

RSI *** Sell
DMI is Bearish

Oscillators:
Moving Average Convergence / Divergence *** Sell
Momentum Indicator*** BUY
Bull Bear Power is neutral

Moving Averages:
Ichimoku Cloud is neutral
Exponential Moving Average *** Sell
Simple Moving Average *** Sell
Volume Weighted Moving Average *** Sell
Hull Moving Average *** BUY

For more details, See attached Idea.

Follow updates.

Nota

You can set a Sell order (40% sell) at $ 42k (60% hold)

You can set a Buy order (20%) at $ 41k
You can set a Buy order (10%) at $ 40k
You can set a Buy order (10%) at $ 38k

Nota

Nota

BTC-XLM

Juga pada:

Penerbitan berkaitan

Now, you know what to look for

oleh BTC-XLM

What I see

oleh BTC-XLM

Penafian

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