great setup for swing trading on #btc🔥hi there traders all around the world👋
one of the great setups that we can count on it is breaking the trend line and it simple.
when a trend line breaks spatially if that trend was a pullback in previous(we had a good bear trend line here) we must wait for price to reach and touch the trend line then we can enter.
tip: if price touches 2or 3 times its much better.
I hoper you enjoy the lessen I just teaches you, wish you all a great day with good profit.
cheers 🥂.
Treadeidea
spike & channel trend line on the #bitcoin 🔥 hi there
we all heard abut breakout's but normally price always put people behind therefor price make a spike but what should we do after recognize that.
well there is some that we can doo about it first we must analyze the channel after it see if it's a week channel of a strong channel because there is high chance that chart 📉 might make another spike in the same direction.
if the channel is weak then we might have a deep pullback but if the channel is strong we might have the second spike without any pullbacks.
I'll be happy to see your comment's
cheers 🥂.