Hi, I hope that u have a great day.
Bitcoin Analyze (BTCUSDT Perp) Timeframe 1h (Short term).๐
If you remember Symmetrical Triangle(Post Topic: ๐ฅ Bitcoin is on Contracting Triangle ๐ฅ (Road map)๐ง), the price was able to break it (down), and now BTC is running at Regression Channel until complete Pullback to lower line of our triangle. In this area, we have a Resistance Zone + TRZ (Time Reversal Zone).
Resistance Zone includes Pitchfork's Lines + Yearly Resistance 1 (37678$) + Cluster of Fibs + Lower line of Symmetrical Triangle.
Also, I found Rising Wedge Pattern at RSI (The wedge broke down) + Hidden Divergence (HD-) between MACD and Price, Until NOW + Ascending Channel on MFI (Money Flow Index/This channel was broken downwards).
My Suggestion: We can find the best triggers on TRZ for opening Short Positions OR we can wait for breaking our Regression Channel (to down).
Take profits for Short Positions:
Take Profit 1: 33480$ (Weekly Support 1)
Take Profit 2: 32500$ -32380$ (Support Zone)
Do not forget to put Stop loss for your positions (For every position you want to open)
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the 'like' button ๐๐ & Share it with your friends, Thanks, and Trade safe.
Good luck
Bitcoin Analyze (BTCUSDT Perp) Timeframe 1h (Short term).๐
If you remember Symmetrical Triangle(Post Topic: ๐ฅ Bitcoin is on Contracting Triangle ๐ฅ (Road map)๐ง), the price was able to break it (down), and now BTC is running at Regression Channel until complete Pullback to lower line of our triangle. In this area, we have a Resistance Zone + TRZ (Time Reversal Zone).
Resistance Zone includes Pitchfork's Lines + Yearly Resistance 1 (37678$) + Cluster of Fibs + Lower line of Symmetrical Triangle.
Also, I found Rising Wedge Pattern at RSI (The wedge broke down) + Hidden Divergence (HD-) between MACD and Price, Until NOW + Ascending Channel on MFI (Money Flow Index/This channel was broken downwards).
My Suggestion: We can find the best triggers on TRZ for opening Short Positions OR we can wait for breaking our Regression Channel (to down).
Take profits for Short Positions:
Take Profit 1: 33480$ (Weekly Support 1)
Take Profit 2: 32500$ -32380$ (Support Zone)
Do not forget to put Stop loss for your positions (For every position you want to open)
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the 'like' button ๐๐ & Share it with your friends, Thanks, and Trade safe.
Good luck
ืืขืจื:
Bearish tri-star pattern ๐.
ืืขืจื:
๐ต๐Bitcoin Analyze Timeframe 15min ๐๐ต/pay attention to Rising Wedge ๐
๐ต๐Bitcoin Analyze Timeframe 15min ๐๐ต/pay attention to Rising Wedge ๐
ืืขืจื:
New Post.๐
ืืขืจื:
The new post read it please: Bitcoin Analyze (Technical & Fundamental)!!!
๐Free & VIP Signals: t.me/ProTrader_365
๐if you want to learn Technical Analysis = Please Contact me
๐if you want to learn Technical Analysis = Please Contact me