melikatrader94

btc --> two upward scenarios

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
hello guys...

as you can see on the chart there are two scenarios for BTC to start again in an upward movement, why? because of the ascending channel!

the first scenario is based on a hunting move combined with the middle of the channel

the second scenario is based on the QMC pattern and the bottom of the channel

The second scenario is more valid however it is risky if the price has not tended to touch this level.


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