Thesis
Long
BTCUSD
The name has been trending higher on short term 4 hour timeframe.
The current chart is a logarithmic price scale look atBTCUSD and better reflect the price pattern and the price channel over the last Year.
Confirmations:
1. Breakout above recent highs on heavy volume
2. Above support
3. Above trendline on shorter timeframes
Contradictions:
1. Below resistance
2. In the upper half of the log price channel
Trade:
LongBTCUSD
Related Trade:
LongBTCUSD
Disclaimer: All charts are for informational purposes only and should not be considered recommendations to perform actions related to securities.
Long
BTCUSDThe name has been trending higher on short term 4 hour timeframe.
The current chart is a logarithmic price scale look at
BTCUSD and better reflect the price pattern and the price channel over the last Year. Confirmations:
1. Breakout above recent highs on heavy volume
2. Above support
3. Above trendline on shorter timeframes
Contradictions:
1. Below resistance
2. In the upper half of the log price channel
Trade:
Long
BTCUSD Related Trade:
Long
BTCUSDDisclaimer: All charts are for informational purposes only and should not be considered recommendations to perform actions related to securities.
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.
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.