BTCUSD : Two trading strategies with Vegas Tunnel !
Updated
It made New ATH but can't stand firm previous ATH and went down .
After the market got corrected,BTC tested level 0.382(58906.5) and be hesitation now .
BUT ! !
There are 2 chance to do long with Vegas Tunnel strategy !
1️⃣ On left side with 4h time frame
It tested the purple tunnel (144/169)
✅2️⃣ On right side with 1h time frame
It tested the green tunnel (576/676)
If it can go above 12ema and stand firm after tested the tunnel .
That meet the conditions with Vegas strategy and trading strategy as below .
SL : 58017.5
TP1:67167.5( New ATH)
TP2:70803.5
TP3:72274.0
TP4:75428.5
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
After the market got corrected,BTC tested level 0.382(58906.5) and be hesitation now .
BUT ! !
There are 2 chance to do long with Vegas Tunnel strategy !
1️⃣ On left side with 4h time frame
It tested the purple tunnel (144/169)
✅2️⃣ On right side with 1h time frame
It tested the green tunnel (576/676)
If it can go above 12ema and stand firm after tested the tunnel .
That meet the conditions with Vegas strategy and trading strategy as below .
SL : 58017.5
TP1:67167.5( New ATH)
TP2:70803.5
TP3:72274.0
TP4:75428.5
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
Note
✅1️⃣ On left side with 4h time frame
✅2️⃣ On right side with 1h time frame
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