BTC/USDT... should you buy now?
Hi, guys.
I firstly want to say that is my very first time publishing an idea, but I'm really confident with what I found so far, so I want to share with you my strategy and maybe, if you agree with me, you can follow this strat too.
My thoughts are that we are basically exited from an ascending triangle pattern with fixed top levels as you can see in the graph. That means that the most chances are that we are going to go up with the price after a little re-test of the support (witch was the resistance zone during the ascending triangle pattern).
For the current time, the bars sits perfectly on to the signed zone, witch obviously is a good sign.
The "landing zone" I marked it's basically the right shoulder of the "head & shoulder" pattern seen in the previous bars and according to the angle of trend measured (65 degrees), chances are that price will reach the target not before the 11th of April.
What will append next???
My expectations are that price will bouce-off that zone according to what usually appends after a "head & shoulder" bearish pattern.
What will be the best point to buy after the "bounce off"???
Obviously you can't really say nothing about it. We will see in the future what appends after it reaches the "sell point" zone.
Comment down below your thoughts.
I firstly want to say that is my very first time publishing an idea, but I'm really confident with what I found so far, so I want to share with you my strategy and maybe, if you agree with me, you can follow this strat too.
My thoughts are that we are basically exited from an ascending triangle pattern with fixed top levels as you can see in the graph. That means that the most chances are that we are going to go up with the price after a little re-test of the support (witch was the resistance zone during the ascending triangle pattern).
For the current time, the bars sits perfectly on to the signed zone, witch obviously is a good sign.
The "landing zone" I marked it's basically the right shoulder of the "head & shoulder" pattern seen in the previous bars and according to the angle of trend measured (65 degrees), chances are that price will reach the target not before the 11th of April.
What will append next???
My expectations are that price will bouce-off that zone according to what usually appends after a "head & shoulder" bearish pattern.
What will be the best point to buy after the "bounce off"???
Obviously you can't really say nothing about it. We will see in the future what appends after it reaches the "sell point" zone.
Comment down below your thoughts.
Penafian
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