The shoulder head shoulder pattern may result in an upside move. Long trade can be opened if BTC can make a nice retest coming out of the ascending triangle.
In case of a rise, the 44k level will be quite critical. If it goes above this level and makes it a support level, the rise may continue until the top of the channel. If it cannot close above it, a retreat to current levels is possible.
In case of a rise, the 44k level will be quite critical. If it goes above this level and makes it a support level, the rise may continue until the top of the channel. If it cannot close above it, a retreat to current levels is possible.
Nota
It had a nice rise and managed to get into the channel. However, its momentum has weakened and may not be enough to stay inside the channel. It may retreat to the 44k level. As I said in the previous comment, if it can maintain this level, the rise will continue.
Those who open long trades can pull their stop orders just below the 44k level.
Nota
There was a nice rise and it reached the middle of the channel. The previous resistance level will be difficult to break through at this point.
Therefore, I am selling 75% of the position. At this point, a retracement to 45.5k-45k levels may come. I will wait for these levels to buy again.
Dagangan ditutup: sasaran tercapai
BTC reached the target and touched the top of the channel. There may be a pullback at this point.
If BTC dominance falls and BTC moves sideways, we may see altcoin rallies. I will look for buying opportunities in altcoins.
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.