BTC/USD local work from reversal zones 4h Past trading idea 9,6%

Updated

BTC / USD local work from reversal zones. Timeframe 4 hours. The logic of work is shown in the graph.
Pay attention to what most do not see. Work from the situation, not what you would like.

Past trading ideas

BTC / USD Local work 4 hours. Symmetrical triangle. 16

BTC/USD Local work 4 hours. Symmetrical triangle. 16

+ 15% from the entry zone with the breakdown of the symmetrical triangle

BTC/USD Local work. Symmetrical Triangle. Decoupling Soon

+7.2%

BTC/USD Local work. Important area. The fate of the trend.

There is a breakdown of the downtrend of the former local triangle, from the entry point already + 9.6%

Comment

23844 (on Binance 23810) At the channel resistance at 21440, the price was delayed by 3 hours and the channel was broken.

Comment

A local symmetric triangle is forming at the top of the trend for 4 hours. It can be seen that a large volume was sold almost at the peak of the movement. If you enable the 1 minute timeframe, this is confirmed. At the moment, the trading volume is minimal. Everyone is waiting for a denouement.

Comment

there is a breakdown of this triangle up + 4.49%. Now rollback. The area of the former resistance line during the pullback was confirmed. The price hit a local downtrend that formed on a pullback after an impulse. Overcoming it and exiting from 23800 (13) will mean the continuation of the upward movement. The goals of the movement were indicated earlier.

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