The uptrend continues. Trend Trading and Important Zones

Updated

The end of the uptrend will be like in 2014 or 2017? Guards a strong vertical deviation from the trend line. This is a bad sign. Strong vertical movement always ends in a similar fall. But at the moment we are trading with the trend. Breakdown and fixing prices below the uptrend line will mean a change in trend.

Note

BTC is moving in an uptrend. Repetition of 2014 or 2017?

Note

And what if so? And we are here. Soon pamp season altos.

Note

Worth noting. Fate will be decided on July 29th. Court appointed for the exchange of bitfinex and therefore their creation USDT
Things are very bad for the exchange. If they are closed and the USDT outlaws, it will very painfully hit the cryptocurrency market in general.
Thanks to USDT, we see today's Bitcoin pamp; without USDT, there’s nothing to swing the market with. Thanks to usdt and there is this market. Guys are trying to do what is possible now. We must pay tribute to them. And they themselves earn and all these years they gave money. But the power is changing .... They understand all the very sad possible situation. As a possible surrender of the positions of influence and have to raise the white flag in front of the "big brother." If they manage to agree, it is possible and no one will understand what was actually being decided. But perhaps this will strongly speculate closer to the court.

Note

That's how well trending works. Trend, until the uptrend line is broken - ascending. This is a small timeframe.

Note

The price has currently broken through and is trading beyond the uptrend line. Long time trading beyond the uptrend line will lead to a change of trend in the global

Trade active

There is such a rare long-playing formation “bear measured move” from the peak of 2017 and it is being formed. Measuring stroke is a fairly long formation figure. Which can take from six months to several years.
Bear measured move consists of three long phases, or stages. In a bearish measuring stroke, the first and third phases are descending, and the middle one is ascending.
We are now in the third phase.
Goals are calculated in the third phase of the percentage of the first drop.
But this is if the triangle is struck down which on another graph depicted

Note

It is also worth noting that if we break this symmetrical triangle up and fix, we thereby confirm the figure "ascendant pennant." Here it’s fantastic goals + 117%

If we break through the "Symmetrical Triangle" down. And the price will be fixed under it. Thus, we confirm the very unpleasant figure “Bear measured move”. Always work in a trend, no one knows the future.

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.