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

835
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


snapshot

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

snapshot

BTC/USD Local work. Symmetrical Triangle. Decoupling Soon
BTC/USD Local work. Symmetrical Triangle. Decoupling Soon


snapshot

snapshot +7.2%

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


snapshot

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

snapshot
Note
snapshot
Note
snapshot 23844 (on Binance 23810) At the channel resistance at 21440, the price was delayed by 3 hours and the channel was broken.
Note
snapshot 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.
Note
snapshot 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.
SpartaBTC
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Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternscryptocurrenciesCryptocurrencycryptotradingPivot PointstradingTrend Analysis

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Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternscryptocurrenciesCryptocurrencycryptotradingPivot PointstradingTrend Analysis
SpartaBTC
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Also on:

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.