N.B. If I get a good response I will post BTCUSDT daily
Follow me on tradingview and S.M. for most accurate trendlines and Support and Resistance
For breakout, a full candle must close outside the channel in 2hr timeframe.
Blue zone is potential reverse zone.
I don't have 6hr timeframe for BTCUSDT bottom confirmation so if price breakout price may go down way more for retest.
P.S. THIS IS NOT A FINANCIAL ADVICE
DO YOUR OWN ANALYSIS BEFORE ENTERING A TRADE
Follow me on tradingview and S.M. for most accurate trendlines and Support and Resistance
For breakout, a full candle must close outside the channel in 2hr timeframe.
Blue zone is potential reverse zone.
I don't have 6hr timeframe for BTCUSDT bottom confirmation so if price breakout price may go down way more for retest.
P.S. THIS IS NOT A FINANCIAL ADVICE
DO YOUR OWN ANALYSIS BEFORE ENTERING A TRADE
Note
Follow 2hr chart for breakout/fakeoutNote
BTCUSDT UPDATES: I will update this idea if a new trendline or support/resistance formsTrendlines and Support/Resistance are made semi-automatically,I don't force make them so they are very accurate
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.
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.