CDTBTC Technical Analysis - Binance Coin Technical Analysis.
Updated
we are doing Technical Analysis of CDTBTC in Daily Time frame.
Read Charts properly
I have Mention the Meanwhile demand zone which means if market get down till that level then
there is more chances to market get revers because last time revers from this Demand zone.
Second Demand zone is Above from Meanwhile demand zone where market revers 2 times.
I have shown the Reward zone or supply zone 1 which will be the target if you are planing to buy
on current price.
There is also second Reward zone or supply zone 2 for Mid term target.
i have mention risk also below doji which is best for stop loss area.
in this Trade there is 22% risk and 40% reward
but if you wait for Demand to test again i think that is best to buy.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
Read Charts properly
I have Mention the Meanwhile demand zone which means if market get down till that level then
there is more chances to market get revers because last time revers from this Demand zone.
Second Demand zone is Above from Meanwhile demand zone where market revers 2 times.
I have shown the Reward zone or supply zone 1 which will be the target if you are planing to buy
on current price.
There is also second Reward zone or supply zone 2 for Mid term target.
i have mention risk also below doji which is best for stop loss area.
in this Trade there is 22% risk and 40% reward
but if you wait for Demand to test again i think that is best to buy.
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
Trade closed: target reached
First target Completed
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