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Yuriy_Bishko
Jun 12, 2020 6:20 AM

BTCUSD, Now it's growth time! Long

Bitcoin / United States DollarCoinbase

Description

Sell Zone didn't confirm! The candle closed above the Triangle border.
Also, there is a Support/Resistance Zone. The squeezing is continues under the $10000.0.
There is a lot of information above the BTC but we can't know all the factors! We should use the situation we see on the chart and don't miss the lucrative entries.

One more important thing: don't forget before to trade my ideas to make your own analysis.
These are not recommendations to open your positions!

Comment

Comments
Phi-Deltalytics
We agree!
Yuriy_Bishko
@Phi-Deltalytics, thanks for your chart!
optimalkap
There is still potential downtrend .... If it doesn't break the EMA 20 with the ICHIMOKU baseline on the Daily time frame, the uptrend is still not confirmed. ... Maybe just a retest of resistance before freefalling .... But you are right, with BTC all is possible, and with Whales, more than ever, in both ways :-) Take care.
Yuriy_Bishko
@optimalkap, thank you) good luck)
boleroking
Next 12h candle will probably fall out of the triangle. Will be interesting to see if the drop is to 8900 or to 8100. The first isnt a real problem, could be a fakeout. 8100 however is problematic.
Yuriy_Bishko
@boleroking, You can be right
Yuriy_Bishko
@boleroking, thanks for sharing your thoughts
CryptoCheck-
ALT SEASON Is Only Getting Warmed Up
Yuriy_Bishko
@CryptoCheck-, thanks for sharing your charts
CryptoCheck-
I agreed
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