CryptoRudolf

day chart break out, 4 chart possible soon a pullback.

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Break out of the 1 day downtrendline.
4H chart Rsi gives a overbought situation, what could be a sign for a correction back to the
day downtrend line breakout.
4H chart strong uptrendline resistance line touched,
what could be a sign also for a correction back to 7800.

Entry's 4 chart: wait till a pullback to the trendline of the 1 day chart. (7600-7700)

Entry's 4 chart, as u can see there was a 7600 strong resistance line, now its a support line in case
it touched with a spike candle good entry moment also.

Targets: 10k and 12k ( very strong resistance levels).



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.