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huloza
May 26, 2021 4:17 AM

BTC on important zone, Long and Short Ideas 

Bitcoin / TetherUSBinance

Description

BTC is doing a big range, little triangle inside big one has 50% chance to broke upside, 50& chance to broke downside.

Downside broke dont invalidate current trend unless it does a lower low.

Upper red line is 200 EMA DAILY.

Green Line is Range Support.

Targets in blue lines.




Regards and safe trade.

Engineer Alexa.

Comment

Simetric Triangle changed to bearish pennant, and with new calculation target hit perfectly.

Trade closed: target reached

Target Reached :)

Regards!

Engineer Alexa.

Comment

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Comments
CryptoZani
This will be an interesting one to watch given the recent volatility we saw in the past week! Thanks for sharing your chart.
huloza
@CryptoZani, Thanks for your comment, yes, if upside broke, short term bullish sign, if downside broke good place to acumulate.

Regards friend!
CryptoZani
@EngAlexa, Agree!
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