In the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
Zlecenie aktywne
We made an upward breakout and overcame the falling channel resistance positively.Transakcja zamknięta: osiągnięto wyznaczony cel
H&S target reached. Nice Porfit taken.
BUY at support, SELL at resistance.
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
BUY at support, SELL at resistance.
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.