BTCUSD BITCOIN Chart after it was given a sharp move towards downside, Price making good chart with support and resistance trendline.
IF IT'S BREAK ANY SIDE WE CAN SEE GOOD MOVEMENT.
AS WE SEE DOWNSIDE CHART GIVE GOOD SUPPORT BECAUSE WE CAN SEE WICK IS VERY HIGH NEAR SUPPORT AREA SO IF IT'S BREAK DOWN SIDE SO WE CAN SEE SHARP FALL AGAIN BUT IF IT'S BREAK UPSIDE THEN WE CAN SEE GOOD UPMOVE BECAUSE THERE IS NO ANY RESISTANCE IT WAS MAKE DURING SHARP DOWNFALL IN PAST.
HERE IS JUST I SHARED MY VIES ONLY NOT RECOMANDED ANY BUY OR SELL. DO IT ON YOUR OWN RISK ONLY.
IF IT'S BREAK ANY SIDE WE CAN SEE GOOD MOVEMENT.
AS WE SEE DOWNSIDE CHART GIVE GOOD SUPPORT BECAUSE WE CAN SEE WICK IS VERY HIGH NEAR SUPPORT AREA SO IF IT'S BREAK DOWN SIDE SO WE CAN SEE SHARP FALL AGAIN BUT IF IT'S BREAK UPSIDE THEN WE CAN SEE GOOD UPMOVE BECAUSE THERE IS NO ANY RESISTANCE IT WAS MAKE DURING SHARP DOWNFALL IN PAST.
HERE IS JUST I SHARED MY VIES ONLY NOT RECOMANDED ANY BUY OR SELL. DO IT ON YOUR OWN RISK ONLY.
Trade active:
trade active towards down side trade with strict SL
Trade closed: target reached:
WE CAN GET GOOD RISK REWARD FROM OUR SHORTING POSITION SO WE ARE GOING TO CLOSE THE POSITION