Saad_Khani

BTCUSDT analysis as simple

BINANCE:BTCUSDT   Bitcoin / TetherUS
Currently BTC is trading in triangle usually these type of triangles fromed on chart to guess the next move of asset

Now the question is in which direction it will break

Let find it 😎

1- lets eye indicators

EMA's .. BTC currently trading below 21,50,100,200 ema which telling us the triangle will break in down side
.......
RSI, below 50 the same story triangle will break in down side
......
MACD, also bearish pointing the triangle will break in down side
.....
daily trend is also bearish

In such condition its not the right time to trade btc we have to wait tell the triangle is broken mostly likely it wilp break in down side if we fallow indicators in case its broken in upside my inner feeling is that will be fake out to shackout all long position from market if we found high volume on break and reset the triangle uper line the open long position otherwise we will dip lower and triangle will breakdown our price target should be in between 23k to 22k

Result: fuck all scam YouTubers who dont even know ABC about trading nor about what is actually biction and came on YouTube to calim btc is going 200k fuck all them unfallow them and report as well these mother fuckers


Thanks me later ☺️

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.