BTCUSDT BROKE TRENDLINE
BTCUSDT broke the trendline( trendline is based on candles body which is stronger than the usual trendline that use only wicks) and previous swing low . trendline test is probably in progress .
RSI still below its MA and 50 ,BBP shows that the bulls are trying to push price higher .
if the price manage to close above the red trendline then the trend will continue otherwise the price will grab liquidity and makes a deeper pullpack. RSI and MA should be below 50 to dump
Good LUck
RSI still below its MA and 50 ,BBP shows that the bulls are trying to push price higher .
if the price manage to close above the red trendline then the trend will continue otherwise the price will grab liquidity and makes a deeper pullpack. RSI and MA should be below 50 to dump
Good LUck
Trade closed: target reached
partial profit
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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.