TradingView
henryxue
Aug 20, 2018 5:32 PM

BTCUSDT 4 hour getting tighter and tighter Long

Bitcoin / TetherUSBinance

Description

The range 6630, 6545---6368, 6330,6290 forms a tight symmetrical triangle,
upside key resistance at 6630
if this break, it will also break middle band and 21 Ema, good for the bull, bear will cover also

Plan1:
set stop buy above: 6630 ( if aggressive, buy at 6450)
stop loss latest 4 hour higher lower
target, 7000-7162

Plane2:
buy half now:
stop loss 6300
the other half follow plan1:

It is only the personal trading note, not financial advice, but opinions and pieces of advice are welcome.

Plan your trades, trade your plans

Comment

Patiently wait on break above 6640
More