BTC on important zone, Long and Short Ideas for BINANCE:BTCUSDT by huloza — TradingView

Support and Resistance Multiple Time Frame Analysis Triangle BTCUSDT BTCUSD BTC LONG short 4h 4hourschart

supportandresistance mtfa triangle btcusdt btcusd btc long short 4h 4hourschart

BTC is doing a big range, little triangle inside big one has 50% chance to broke upside, 50& chance to broke downside.

Downside broke dont invalidate current trend unless it does a lower low.

Upper red line is 200 EMA DAILY.

Green Line is Range Support.

Targets in blue lines.

Regards and safe trade.

Engineer Alexa.

Comment:

Simetric Triangle changed to bearish pennant, and with new calculation target hit perfectly.

snapshot

Trade closed: target reached:

Target Reached :)

Regards!

Engineer Alexa.

Comment:

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