BTC ---> the tricky consolidation

By melikatrader94
Updated
hello guys...

as I said before I really think the btc for a big upward movement needs to touch below the $29600 and hunt that level then we can see another pump!

now this coin tricks me a lot because it formed a consolidation in 4h time frame!

it formed a QMC now so we can see a little upward movement until the top of the channel

after that, it is important which line suppose to break out,

if the bottom line break so lucky us and a possible scenario will happen!

let's see what happened

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Trade closed: target reached
the long position hit the target
Trade closed: target reached
the long posiiton touched the target

snapshot
Trade active
the short position active now!

snapshot
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDTParallel ChannelSupply and Demand
melikatrader94
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