melikatrader94

two positions for BTCUSDT ... check it

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
hello guys...

let's check what happen to BTC

firstly formed a three-drive pattern and break out its ascending trendline...

secondly made a consolidation after break out and price from equilibrium decided to break down consolidation...

thirdly after break down make a falling knife and return to %0.3 of that pattern (knife support)...

now btc have 2 area that we can get positions..

first scenario:


entry: market
stop loss: 16350
tp1: 16060
tp4:15811

second scenario:

we are waiting until price reach to QMM level area or flag at break out then get position


entry: 16380
stop loss: 16500
tp1: 16200
tp3:16000

always do your own research.
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