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Abtin00
Mar 26, 2021 7:58 AM

BTCUSDT End of the downtrend Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Hello guys

We are back :D

In this chart in 1h time frame , we had downtrend from 62k to 50k that last night happend
In here we are thinking that the most excited and powerful pattern ( Reverse head & shoulders ) are making and the trend of market can reverse to uptrend , we need confirmation of market ( we need pullback ) to the range of neck and we see some pattern of uptrend then we can take long position ( buy ) until first target at 55k then if it can break the upper line of the channel and then pullback to them we can take other long position ( buy ) until 62k

Dont forget use Stoploss ( SL )
Good Luck
Abtin
Comments
Sobhan_23
Yeah,breaking the descending trend line means 🚀!
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