Trading Idea: Long Position on BTCUSDT
This chart illustrates a broad overview on long position on BTCUSDT (Weekly Set up)
Analysis:
• Market Structure: The overall market structure is bullish.
• Swing Structure: Market resisted at previous swing high. After the breakout, the market created a fair val-ue gap.
• Fair Value Gap: On a weekly time frame, market now retraced back to fair value gap and moving toward the previous swing high.
This chart illustrates a broad overview on long position on BTCUSDT (Weekly Set up)
Analysis:
• Market Structure: The overall market structure is bullish.
• Swing Structure: Market resisted at previous swing high. After the breakout, the market created a fair val-ue gap.
• Fair Value Gap: On a weekly time frame, market now retraced back to fair value gap and moving toward the previous swing high.
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.
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.