TradingView
mflash123
Jun 19, 2021 1:10 PM

BTC expecting local Uptrend Long

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

Hey guys,
We have success reached price level at 36450! Thats awesome!

Then Price hits local high, which looks like uptrend continue. And I decided increase my order price and my entry price moved up.

But when I recorded this video, price hits local low level. One 4h bar hits local high and low level - what does it mean?

Uptrend correction finished and we will continue fall?
Or its just a trap for Shorters and we will continue uptrend as a correction?

Trade closed manually

Price hits entry point
Comments
AnnaLenzi
Nice chart nd video
More