Get started
Alireza_kamali

BTC on a TradingRange

Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
Alireza_kamali  
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Trend Analysis Support and Resistance Trend Lines
3
2
trendanalysis supportandresistance trendline
Still in a downward trend

Double top

And now in the Trading Range area

If the bottom of TR is broken, we can expect a drop below the price of 56k (LL).

My personal advice is not to open a position until the price is out of this range
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.