Swing trade anlysis Bitcoin BOTH Long/Short position

26 בינו׳ 2022

BTCUSDT

swing trade analysis for both short and long position

NEUTRAL ZONE 30000 - 35000 works as a neutral zone


LONG POSITION If it daily candles closing above 37500 sustain here you can go for
long target but make sure the volume of that candle breaks the MA line in volume


SHORT POSITION 30000 works as huge support once If it breaks
it will make sure it will reach 28000 easily

And everything mentioned in the chart

This analysis includes and gives respect to

1 Fibonacci retracement

2 Support & resistance

3 volumne


NOTE CHECK THE ANALYSIS IN 1DAY TIME FRAME I MADE IT IN WEEKLY DUE TO SPACE PROBLEM

COMMENT YOUR THOUGHT ON THIS IDEA

PARDON ME IF I MADE ANY MISTAKE ITS MY FIRST IDEA IN TRADING VIEW