Just Keeping things simple here... BTC Looks as a Bear flag ready to break low. Invalidation will be a breakout to the upper side.
BTUSD has formed a Head and shoulders pattern now price break the neck line
Hello Traders #BTC / #USDT chart This is our suggested position for 1H on #BTC Set your stop loss and enjoy that
DATE: 29.4.21 INSTRUMENT: BTCUSD TREND: SHORT TIME FRAME: DAY CMP: 54142 SELL BELOW: 54132 SL: 56319 TGT 01: 52066 TGT 02: 49149 TGT 03: 46288 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
at BTCUSD we can long on short at 11600 with 3 different targets.
After analyzing BTCUSD, we see that a month ago the price reached the lower level of the channel, after which Bitcoin reached the upper line of the channel and made a false breakdown to the upper resistance line. Now the price is at the intersection of two resistance lines, one of which is strong. In addition, analyzing the chart for a long time, we see that the...