The possibility of something is cooking in Bitcoin kitchen...!
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:
---> You will get big move shortly with volume surged.
The price breaking out any of these R 9083 and R 8398 will give us new direction of trend.
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 active:
The price of Bitcoin just tested Upper Bound of Parallel Channel.
Comment:
Upper Bound is Resistance...!
Comment:
Exactly Bitcoin fall 200 points from the Upper bound. 😛, High can be work as stoploss.
Comment:
Dont forget to follow, you will get new trad-able setup.