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Saeed-sheikh
May 4, 2022 7:22 AM

descending triangle Bitcoin ( 1D ) 

Bitcoin / U.S. dollarBitstamp

Description

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Hello friends and companions of Trading View

Position in two descending triangles ( 4h & 1D ), supports, resistances and triangle breaks in the chart is set for trading.

tip :
* The first Target is to defeat the resistance, Profit can also be in resistance.
* MACD (Low sales)
* RSI is in the sales zone
* The herd trades based on emotions
* Bitcoin is highly dependent on Indices ( S&P )

I tried to identify the points of support and resistance for you, Trade smartly, Good luck.

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* In trading, the winner is the one who manages his profit and loss *
* The responsibility for buying and selling lies solely with you *
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********************************* pay attention ****************************

For stress-free trading, see Bitcoin price trend, Bitcoin is effective in all trades

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Comment

Triangle 4h was broken down

The bull should be supported, in case of failure and based on the feelings of the herd the price will be further reduced

* In trading, the winner is the one who manages his profit and loss *
Comments
Tradersweekly
Thank you for sharing this content.
Saeed-sheikh
@Tradersweekly, Welcome buddy
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