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BlackBirdTrading
May 10, 2022 3:17 PM

BTCUSDT long/short on the way 

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

I think the chart is pretty self-explanatory.

BTC has converted its crucial support as resistance and now it is going to test the order block at 29, 200.

That point has so much confluence and it will release some bearish pressure and give room to BTC to breathe.

Comment

The blue label is the point to long after release of pressure

Comment

The resistance not letting BTC rise and support is providing as much as it can...

Comment

WOW another perfect call. Fortune made ...... Hell yeah birdies

Comment

The BTC is getting rejected again on the same red line but getting support on the fib circle. We will visit 29, 660 block again to make double bottom before going up or going down

Comment

Another perfect trade rejected from strong support and circle and find support on circle what else you need with our charts no TA is required

Comment

Comments
tahmidshahid
So we can expect like a relief rally to around 36.7k after hitting 29.2 order block again? Appreciate your response
BlackBirdTrading
@tahmidshahid, yes sir this is what we are looking
YMGroup
Logical chart ! I Like it, bitcoin can give good profit
BlackBirdTrading
@YMGroup, the best part of these charts are the perspective they give on PA history. See the red and green line I dont have to hurt my eyes to find them :)
Fartman
Great call on the 29.3 bottom. Nailed it
BlackBirdTrading
@Fartman, a way to see things I love these new charting techniques our team is using and they are nailing it.
BlackBirdTrading
The red line did its job perfectly ❤️
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