BTCUSDT - Retest of Triangle breakout. Bullish as long as the weekly finish is above the green line. A weekly close below the green line would nullify the triangle breakout
BTCUSDT 1 W analysis.
Supports (green lines) and resistances (red lines) indicated. Blue lines indicate only direction and not timelines
Let's take short intervals at a time (not too short -at least 4hrs and above) and see price action, adapt and make decisions with a calm mind.
Always follow risk management. BTC can be volatile. We have seen quite a few flash-crashes off late.
-------------------------------------------------------------------------------------------
If you like this idea:
1) Please follow me for more content
2) Give this idea a like so that Trading View algorithms can take this idea to more users.
-------------------------------------------------------------------------------------------
If you have comments both for and against the idea:
1) Let's exchange ideas in the comments
2) Discussions can help the community as a whole and also helps me learn a lot
BTCUSDT 1 W analysis.
Supports (green lines) and resistances (red lines) indicated. Blue lines indicate only direction and not timelines
Let's take short intervals at a time (not too short -at least 4hrs and above) and see price action, adapt and make decisions with a calm mind.
Always follow risk management. BTC can be volatile. We have seen quite a few flash-crashes off late.
-------------------------------------------------------------------------------------------
If you like this idea:
1) Please follow me for more content
2) Give this idea a like so that Trading View algorithms can take this idea to more users.
-------------------------------------------------------------------------------------------
If you have comments both for and against the idea:
1) Let's exchange ideas in the comments
2) Discussions can help the community as a whole and also helps me learn a lot