$BTC (Current Update)
Bitcoin Is Trading In A Loop Of Support & Resistance ($18300 - $19800)📊....
There's A Chance Of Testing The Support Level Again (Triple Bottom),
Then Again The Resistance....
Any Time BreakOut📈 Or BreakDown📉 Can Happen....
It Will Change The Whole Secenerios....
Stay Alert For More Upcoming Updates....
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
I have seen a lot of traders designing their chart with so much lines even at the lowest time frame all in the name of support and resistance.
It’s quite funny but really not so.
For me I only look for key zones or I call it strong zones. When plotting my S&R, I k my look for those zones that pushes market high to about 50pips and above as support or deep as...
I try to use Fibonacci Retracement to find Support and Resistance then use Trend Lines and now i have 5 Scenario in different color!
I think the RED and BLACK is going to happen means 7700$ and 7100$ !!!
By the way if BTC go upward
First target can be 11300$
but if BTC go downward one of the 4 remain scenario can be ture
