linegel
Long

Downward wedge breakthrough

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Plan to see upward breakthrough (bounce) around one of two these supports. Red one following my trading plan should be considered as strong support. Look carefully on volumes and be ready to open a long position in coming days. Also, this analysis includes positive expectations regarding consensus this year
Now we need to wait for a test of a higher red line to become support instead of resistance. In case the strength of support receive the second confirmation then it's really a good idea to open long position
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out