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PolarHusk
Sep 12, 2020 1:12 PM

HEDG/BTC (Testing Previous Resistance, Major Support?) 

HedgeTrade / BitcoinBittrex

Description

BITTREX: HEDGBTC

-HedgeTrade is trading at the previous resistance area
-This zone is also a descending trendline of support
-If HEDG can hold this area for a couple of days like 5-7 candles
-There is a big chance this will flip into new support
-And see an upside correction to test the upper previous support
-The stop loss is below green support, this is a good risk to reward ratio





^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management

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Comments
ProjectSyndicate
appreciate your effort. great setup.
PolarHusk
@ProjectSyndicate, thank u so much!
mrcs999
good analysis. a nice retest of the trend line and support, if we can hold above support we should see that spike
PolarHusk
@mrcs999, thanks!
InkyGrip
Hi mate! very accurate. thanks for sharing!!
PolarHusk
@plancton0618, thanks mate!
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