BTCUSD is trading inside a Rising Megaphone for the past 6 weeks.
The price is now near its bottom line.
The structure is very similar to February's drop with a Falling Resistance guiding it.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 26000 (-0.236 Fibonacci as indicated by the February 16th High).
Tips:
1. If you want to trade after the move is confirmed, wait for the Falling Resistance to break.
2. RSI (4H) is oversold. Similar to Feb 10th.
Please like, follow and comment!!
The price is now near its bottom line.
The structure is very similar to February's drop with a Falling Resistance guiding it.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 26000 (-0.236 Fibonacci as indicated by the February 16th High).
Tips:
1. If you want to trade after the move is confirmed, wait for the Falling Resistance to break.
2. RSI (4H) is oversold. Similar to Feb 10th.
Please like, follow and comment!!
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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.
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.