Bitcoin Consolidation Nearing its End
Updated
As we await major breakout from long time accumulation zone on BTC, I spotted two different patterns during this accumulation phase.
First is Symmetrical triangle which signals to 6800-7000$ if BREAK UP.
Second is Bullish pole and Flag which also signal to same target at 6800-7000$ Zone.
Prefer buy level are shown on the chart with lable Buy level I&II.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
PINK : Possible Support LEVEL
GREEN: SELL TARGETS
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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
First is Symmetrical triangle which signals to 6800-7000$ if BREAK UP.
Second is Bullish pole and Flag which also signal to same target at 6800-7000$ Zone.
Prefer buy level are shown on the chart with lable Buy level I&II.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
PINK : Possible Support LEVEL
GREEN: SELL TARGETS
Join our discussion room for more about our trading ideas.
Please share your thougths about it and support my post with your LIKES if you think it's useful.
Thanks
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade active
Accumulation still continueTrade active
BTC Showing some signs of recovery, if the day close bullish we will have Morning star formation on a strong support zone. Trade active
Trade active
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BEWARE OF FAKE CHANNEL & SCAMMER🎯
Official Channel: t.me/+m0IACMn0ul03OTFk ✅
For premium Zone: t.me/wcsepayment ✅
Join our Live trading session: vm.tiktok.com/ZMr3EXndY/
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