BTCUSD Exclusive Rising Wedge and Bear Flag Update
#BTCUSD TA Update:-
#BTC looks Good for short term.
I am Watching every moment of #BITCOIN .
What TA says..?
According to TA i am Bullish short term but bearish in mid term.
Why Bullish ?
I am bullish in short term because Daily Time frame i see Golden Cross in big Time frame.
Why Bearish ?
Because Rising Wedge and Bear Flag.
Support:- #BTCUSD now good support is $9270. This support is Hold Bulls.
But if break down this Support then I am Strongly Bearish.
If any Daily time frame candle close bellow $9200 then i will bearish for mid term.
$4863 is Strong Support.
Resistance :- $9984 and $10180 is Good support but if breakout upward then We can see $10650 and $11200.
But if any Big time Frame candle close above $10650 and Above then I am bullish And We can see New All time High very Soon.
Now what..?
If you doing Scalping thats very Good but Remember always Open any trade of Scalp #LONG & #SHORT then Put Tight Stop loss Because Minimise Your Loss and Maximise Your Profit.
I am Only Bearish Because of #Rising_Wedge and #Bear_Flag.
What is Bear Flag..?
A Bear Flag is a price action within the context of a downtrend that produces an orderly price increase consisting of a narrow trend range comprised of higher swing/pivot highs and higher swing/pivot lows.
What is Rising Wedge..?
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias.
#SafeTrade
#EarnSafe
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and Must Follow me for Latest crypto Updates.
Thank you for your Support.
#BTC looks Good for short term.
I am Watching every moment of #BITCOIN .
What TA says..?
According to TA i am Bullish short term but bearish in mid term.
Why Bullish ?
I am bullish in short term because Daily Time frame i see Golden Cross in big Time frame.
Why Bearish ?
Because Rising Wedge and Bear Flag.
Support:- #BTCUSD now good support is $9270. This support is Hold Bulls.
But if break down this Support then I am Strongly Bearish.
If any Daily time frame candle close bellow $9200 then i will bearish for mid term.
$4863 is Strong Support.
Resistance :- $9984 and $10180 is Good support but if breakout upward then We can see $10650 and $11200.
But if any Big time Frame candle close above $10650 and Above then I am bullish And We can see New All time High very Soon.
Now what..?
If you doing Scalping thats very Good but Remember always Open any trade of Scalp #LONG & #SHORT then Put Tight Stop loss Because Minimise Your Loss and Maximise Your Profit.
I am Only Bearish Because of #Rising_Wedge and #Bear_Flag.
What is Bear Flag..?
A Bear Flag is a price action within the context of a downtrend that produces an orderly price increase consisting of a narrow trend range comprised of higher swing/pivot highs and higher swing/pivot lows.
What is Rising Wedge..?
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias.
#SafeTrade
#EarnSafe
Guys Dont Forget to Click LIKE Button.
and Must Follow me for Latest crypto Updates.
Thank you for your Support.
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