N.B. If I get a good response I will post BTCUSDT daily
Follow me on tradingview and S.M. for most accurate trendlines and Support and Resistance
For breakout, a full candle must close outside the channel in 2hr timeframe.
Blue zone is potential reverse zone.
I don't have 6hr timeframe for BTCUSDT bottom confirmation so if price breakout price may go down way more for retest.
P.S. THIS IS NOT A FINANCIAL ADVICE
DO YOUR OWN ANALYSIS BEFORE ENTERING A TRADE
Follow me on tradingview and S.M. for most accurate trendlines and Support and Resistance
For breakout, a full candle must close outside the channel in 2hr timeframe.
Blue zone is potential reverse zone.
I don't have 6hr timeframe for BTCUSDT bottom confirmation so if price breakout price may go down way more for retest.
P.S. THIS IS NOT A FINANCIAL ADVICE
DO YOUR OWN ANALYSIS BEFORE ENTERING A TRADE
Comment:
Follow 2hr chart for breakout/fakeout
Comment:
BTCUSDT UPDATES: I will update this idea if a new trendline or support/resistance forms
Trendlines and Support/Resistance are made semi-automatically,I don't force make them so they are very accurate
Trendlines and Support/Resistance are made semi-automatically,I don't force make them so they are very accurate