BTC is trading inside a Channel Up with a potential Inverted Head and Shoulders pattern within.
The MA50 1D is supporting after a Golden Cross.
Trading Plan:
1. Buy if the price completes a pullback of at least -11% from the recent top.
2. Buy if the price breaks above the Channel Up.
Targets:
1. 25800 (top of Channel Up).
2. 29500 (symmetrical rising leg on Inverted Head and Shoulders).
Tips:
1. If you want to do short term trading/ scalping, you can use the Fibonacci levels of the Channel Up. The form key Support and Resistance levels.
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The MA50 1D is supporting after a Golden Cross.
Trading Plan:
1. Buy if the price completes a pullback of at least -11% from the recent top.
2. Buy if the price breaks above the Channel Up.
Targets:
1. 25800 (top of Channel Up).
2. 29500 (symmetrical rising leg on Inverted Head and Shoulders).
Tips:
1. If you want to do short term trading/ scalping, you can use the Fibonacci levels of the Channel Up. The form key Support and Resistance levels.
Please like, follow and comment!!
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Disclaimer
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Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.