Bitcoin: Handle is forming
BTC continues its worry towards and upside potential and a breakout. It has to break the upcoming strong resistance i.e. 11k where people will enter as long and TP @ 12.2k or earlier.
The intersection of two solid red line is called as R-S Junction, which defines a point where the resistance and support equalize their strength and a shift in market trend is anticipated. In most cases, we see a consolidation phase in near future.
The intersection of two solid red line is called as R-S Junction, which defines a point where the resistance and support equalize their strength and a shift in market trend is anticipated. In most cases, we see a consolidation phase in near future.
Catatan
Breakout approaching...Remember the planCatatan
Handle is complete ...awaiting breakout to decide longCatatan
Due to low volume the breakout wasn't significant. Thus, I go short!Trading ditutup: target tercapai
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.