The possibility of something is cooking in Bitcoin kitchen...!
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All the major resistance and support plotted on the chart. The price breaking out any of these R 9083 and R 8398 will give us new direction of trend.
The excess/penetration has been seen out side of parallel channel/value area. The price can be dump and damp between Upper Bound: Parallel Channel and Lower Bound: Parallel Channel.
Traders can trade both either buy at pepper bound or sell at lower bound until breakout the channel with confirmation.
Let take a closest look with different angles:
Very Low Volume
Narrow range in price with series of almost no body of candle.
price rotation
remarkable point: price falling with vol. volume before the price rotation.
---> You will get big move shortly with volume surged.
Trade ativo
The price of Bitcoin just tested Upper Bound of Parallel Channel.
Nota
Upper Bound is Resistance...!
Nota
Exactly Bitcoin fall 200 points from the Upper bound. 😛, High can be work as stoploss.
Nota
Dont forget to follow, you will get new trad-able setup.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.