#BTC / #USDT : Analysis
Updated
hello? Traders, welcome.
Notes related to this analysis :
- In this chart we have an ascending channel so As long as we are in the ascending channel , selling positions do not have good risk and reward and it is not Safe to look for selling positions
- I think it is possible to enter a buy position
in this range ( 22276$ - 21185$ ) - (find an entry trigger based on your own trading strategy).
SL : 21185$
- Bitcoin has fallen sharply in this range ( 28200 $ - 22252$ ) Therefore, there is "probably" no strong resistance on the way back
- Bitcoin pulled back to 0.5 Fibonacci last time, it is possible that it will pull back to 0.5 Fibonacci for the second time :
https://www.tradingview.com/x/SDRAfcZQ/
- CME GAP :
-------------------------------------
+ If you have an opinion, I will be happy to share it with me in the comments
-------------------------------------
+ If you "follow", you can always get new information quickly. Please also click "Like".
Have a nice day
Notes related to this analysis :
- In this chart we have an ascending channel so As long as we are in the ascending channel , selling positions do not have good risk and reward and it is not Safe to look for selling positions
- I think it is possible to enter a buy position
in this range ( 22276$ - 21185$ ) - (find an entry trigger based on your own trading strategy).
SL : 21185$
- Bitcoin has fallen sharply in this range ( 28200 $ - 22252$ ) Therefore, there is "probably" no strong resistance on the way back
- Bitcoin pulled back to 0.5 Fibonacci last time, it is possible that it will pull back to 0.5 Fibonacci for the second time :
https://www.tradingview.com/x/SDRAfcZQ/
- CME GAP :
-------------------------------------
+ If you have an opinion, I will be happy to share it with me in the comments
-------------------------------------
+ If you "follow", you can always get new information quickly. Please also click "Like".
Have a nice day
Note
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