📈EDUCATION CONTENT WHAT TO DO INTO A MOMENT AS THIS?
Hello, trading friends,
📈Into this EDUCATION content we will try to explain the trend data that should take before taking any action.
First of all, to see a trend, we should confirm where are we now? Is this uptrend or a downtrend?
Second, are what Shows the chart at this moment for the last 2H 4H 1D time frame - for day trader between 15-45min, and for scalper between 5-15min.
✅To start we should get first the main trend of the chart, is this HL? or HH. it's important to know the last trends lines update. After that, we check to see the last support and resistance as a small confirmation trend.
After we have done these basic trends, we will see what was the last trend line where bitcoin did breakdown from it, and are we now 50% back of the last trend line or not? there is an important trading rule that says more than 50% increase back the last trend line means a possible return of trend in 75% of moments.
🎯Is bitcoin back to the before zone as we see in this live chart? Did bitcoin re-test the last trend lines, and why was there a huge bought wick? Every data that shows on the chart has a mean. for example most time a huge wick means interest to buy or to sell the trend for the long term - and with time frame confirmation we should see or this will get confirmed or no.
📈The trading chart of this moment still showing some panic trend, and same time there should build some trust for re-entering the trend, at the main trend the bitcoin looks positive. it shows that there is a which trend, which means interesting trend where we did talk before about it. At and same time Bitcoin will be more interesting in the area of I am back, but same time for a low time frame it's also interesting. we have seen a re-test and also 45400 shows a building trend, which means below that trend the SL could be if the trend crash.
✅Like and subscribe to not miss a new idea!✅ Thank you
Have a great day
📈Into this EDUCATION content we will try to explain the trend data that should take before taking any action.
First of all, to see a trend, we should confirm where are we now? Is this uptrend or a downtrend?
Second, are what Shows the chart at this moment for the last 2H 4H 1D time frame - for day trader between 15-45min, and for scalper between 5-15min.
✅To start we should get first the main trend of the chart, is this HL? or HH. it's important to know the last trends lines update. After that, we check to see the last support and resistance as a small confirmation trend.
After we have done these basic trends, we will see what was the last trend line where bitcoin did breakdown from it, and are we now 50% back of the last trend line or not? there is an important trading rule that says more than 50% increase back the last trend line means a possible return of trend in 75% of moments.
🎯Is bitcoin back to the before zone as we see in this live chart? Did bitcoin re-test the last trend lines, and why was there a huge bought wick? Every data that shows on the chart has a mean. for example most time a huge wick means interest to buy or to sell the trend for the long term - and with time frame confirmation we should see or this will get confirmed or no.
📈The trading chart of this moment still showing some panic trend, and same time there should build some trust for re-entering the trend, at the main trend the bitcoin looks positive. it shows that there is a which trend, which means interesting trend where we did talk before about it. At and same time Bitcoin will be more interesting in the area of I am back, but same time for a low time frame it's also interesting. we have seen a re-test and also 45400 shows a building trend, which means below that trend the SL could be if the trend crash.
✅Like and subscribe to not miss a new idea!✅ Thank you
Have a great day
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