Hello guys,
Still on same view, i believe BTC has much tendency of breaking up because all the setup signals to Bullish breakout.
Patterns spotted are:
Bullish Flag and Pole
Inverse Head and Shoulder
Symmetrical triangle
RSI in potential Inverse HS.
Note: Its very likely we see final test on 6100$ zone before major breakout will occur or we can just breakout right away from the Inverse Head and Shoulder pattern.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
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Please share your thoughts 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.
Still on same view, i believe BTC has much tendency of breaking up because all the setup signals to Bullish breakout.
Patterns spotted are:
Bullish Flag and Pole
Inverse Head and Shoulder
Symmetrical triangle
RSI in potential Inverse HS.
Note: Its very likely we see final test on 6100$ zone before major breakout will occur or we can just breakout right away from the Inverse Head and Shoulder pattern.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
Join our discussion room for more about our trading ideas.
Please share your thoughts 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
Trade active
BTC Breakout from the mini triangle and price closed above 6460 one of my strong resistance, we may have a re=test before price go more up.Trade active
Time for retracement Trade active
BTC hitting previous level again, this can be for pull back before next leg up
Do share your thoughts about it and support my post with your LIKES.
Thanks
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.