investhubacademy

SYMMETRIC TRIANGLE FORMATION UPDATED

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello dear traders!

Unfortunately, all our analysis are removed because I have been adding contact to my ideas and abusing House Rules of TradingView. I am sorry. This makes good opportunity to update our ideas and publish again with better formats.

For your information as we entered early on as an academy, our first 2 targets were hit after passing psychological level of 50k, first target as symmetric triangle formation target of 52k level and second target as 56k levels from the trend line target I have hided now.

The only target we have left is the 60k level now before doing further analysis as it is new psychological level with the trendline follow-up. We are in the price discovery mode right now and waiting for the close up for daily candles. What we should do is to set our stop losses to tp 1 now as our new support level is set. Changing the old sl from 42k levels as it is now not valid and became alert zone.

We have a great 40% growth from BTC /USDT in couple days as I detected this symmectic triangle formation that starts from the 15 December 2020 bull-run in the wider picture.

Feel free to ask your questions on the comments and dont forget to follow me on TradingView :)

HAPPY NEWS:
I will share later today perfect gem altcoins ready for huge coming trends and growth as I detected before with golden cross formation happened.