Hi @everyone, here is my TA on BTC/USDT on a 1h TF
- Market has formed a falling wedge pattern inside the symmetrical triangle
- I broke out the trend line above and retested on the Support and Resistance Level creating another support
- Currently Testing the support again.
- Personally, If BTC price got rejected on the support I'll enter a long trade for a short term.
- Just Watch out for the fake out and apply proper risk management
That's it guys! Take care! NFA, DYOR an TAYOR. Goodluck!
- Market has formed a falling wedge pattern inside the symmetrical triangle
- I broke out the trend line above and retested on the Support and Resistance Level creating another support
- Currently Testing the support again.
- Personally, If BTC price got rejected on the support I'll enter a long trade for a short term.
- Just Watch out for the fake out and apply proper risk management
That's it guys! Take care! NFA, DYOR an TAYOR. Goodluck!