BTC: Two cases can happen on daily chart.

Hi, today i make my idea on coinbase BTCUSD . So if are following me on Binance BTCUSDT should remember the ratio of usd and usdt. Because maybe we win have variance number.

You can read more detail in link retaled idea under this post.

Good luck and safe trade.

DO QUAN.

Comment:

This signal forces me to draw that. Other charts I can buy or sell directions for you, but here there will be 2 possible scenarios. Because this area is a decisive time.

Personally, I tend to buy more, because the liquidity of BTC has been very good lately and that is one of the prerequisites for the price increase.

But not except the possibility that the price will push back again. Why push on.

I also tell you quite a lot during the classes, it belongs to the mentality and prey of people with lots of money.

- When they see that BTC, stocks or anything in life have the ability to go higher or lower and want to accumulate more goods. Then a high sell-off + good liquidity above the resistance will happen, push down below the support below the resistance zone and take all the stops of your Longs up in phase 1, then again. Push the price up to sweep all your stops in Short in phase 2.

When this will be the time to decide. If the new bottom is higher than the old one and makes a new high higher than the old one, there will be some incremental stimulus moves that can accumulate until the upper hurdle is broken and at this point the crowd continues to jump in. By the time of take profit 1 and 2 they continue to sell off and the cycle repeats, of course when everyone sees the chance that the rules of the game will continue to change.

You need to understand this core to be able to live in all financial markets. It sounds so simple, but to know when to stop and when to buy.

There is 1 tip like this. If you see a high price it will usually go higher. If you find that the price is not low enough, it will usually go up.

If you want to be more sure, wait for it to break the top of 1 case up and then buy or bottom 3 down case and sell.

Still the old saying, if you want to make a lot of profit, you must bet, but if you want to bet, you must have money in your pocket.

Good luck and safe trade.

Comment:

Update For shorter: This Pattern must finish in 3-5 days