jimmycdn

BTCUSD - proce is trap in another rectangle

BITFINEX:BTCUSD   Bitcoin
Hi Traders,
Another rectangle shows up. Price raised on last swing up to 50% and then start sliding down.
If the price break through the rectangle either up or down and candle will close then this become signal to open position. From the top we have resistance on 35000 and support on 34000. We have 1000USD range. One more confirmation to break up is TL2 trend line.
Cheers,
Jim

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