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Jobs_lin
Oct 9, 2020 4:08 PM

10/9 BTC broke triangle convergence Long

Bitcoin / Tether USDHTX

Description

In the figure, you can see that yesterday’s BTC has broken through the one-month triangle convergence.
And at around 6 o'clock this evening,after back down 0.786 in the one-hour chart and broke the neckline of 4H.

It is currently the neckline pressure range coming to the daily line.
If you hold a long position, remember to protect your profits prevent callback.
Trading recommendations focus on callbacks and buy long.


After breaking the daily neckline range
The target will be 1.272, 1.414, 1.618, 2.

In addition, there have been recent discussions about the bull market, and my personal view is to pay attention to the week line Death cross.


# This analysis is a personal forecast and does not have any investment advice, please refer to it carefully.
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