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ireyes
17 de Jun de 2020 01:57

BTCUSD 1H TF Viés de alta

Bitcoin / DollarBitfinex

Descrição

We can see in the weekly timeframe the formation of a symmetrical triangle, as shown below.

Down into the daily timeframe, you will see a bullish channel that crosses the bearish resistance of the weekly trendline. We can also find daily support and demand zones.

Finally, in the 1H TF we find multiple confirmations:
  • The symmetrical triangle resistance now functions as a support.
  • The contact that makes the price with the support zone makes a dragonfly doji that indicates a strong change in trend.
  • As goes up, the price breaks through and then bounces off the 1H support zone.
  • Later, the support is tested again with another dragonfly doji that confirms the rejection of the demand zone.
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