Bitcoin - Intraday Trading (30-m TF) BTC Long to the neck area?
Updated
Guys, I am writing right away, I try to write, report, and explain my actions as quickly as possible so that you understand what is at stake. If something is wrong, and you have your own opinion, be sure to write it, maybe I omitted something.
people who trade with me for free, without VIP and without advertising, are satisfied with the work (you can check the reviews yourself)
I am writing this because it is nice to know and see it.
Why I decided to open a small long.
1) - The price made a breakout of the support level, and made a return beyond the 33000 level
2) The price is consolidating in a descending channel.
3) If we assume (theoretically) that we are now in wave 4, then it is likely that the price will return to the support channel line (all this is indicated on the chart)
Likewise, if the price follows my review, and we see that the resistance level, as well as the zone of the "neck" line from the "head and shoulders" pattern
there will be a hold
then we will continue to work with the short position further.
I tried to tell you everything as I see it here.
I do not give any guarantees that this will work 100%, but I try to describe everything that I am doing myself as quickly and usefully as possible.
All successful transactions and trading.
In our statistics
+20 profitable trades
- 3 stop loss
The result is still pleasing.
If there is an error, write it in the comment.
people who trade with me for free, without VIP and without advertising, are satisfied with the work (you can check the reviews yourself)
I am writing this because it is nice to know and see it.
Why I decided to open a small long.
1) - The price made a breakout of the support level, and made a return beyond the 33000 level
2) The price is consolidating in a descending channel.
3) If we assume (theoretically) that we are now in wave 4, then it is likely that the price will return to the support channel line (all this is indicated on the chart)
Likewise, if the price follows my review, and we see that the resistance level, as well as the zone of the "neck" line from the "head and shoulders" pattern
there will be a hold
then we will continue to work with the short position further.
I tried to tell you everything as I see it here.
I do not give any guarantees that this will work 100%, but I try to describe everything that I am doing myself as quickly and usefully as possible.
All successful transactions and trading.
In our statistics
+20 profitable trades
- 3 stop loss
The result is still pleasing.
If there is an error, write it in the comment.
Note
Note
Note
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