go8686

Bitcoin May Consolidate Within Some Possible Trend Lines 0721UK

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Symbol: Bitcoin vs usd, XBTUSD , BTCUSD

Bitcoin has just got support at 10350-10600 zone. The following days, it may consolidate to decide the direction.
There are some Trend Lines , Red Lines for Resistance, Green Lines For Support.

Short Signals: when it is rejected by Red Trend line with Yellow or Red Signal in "9 Seasons Rainbow Indicator".

Long Signals: when it is supported by Green Trend line with Blue or Green Signal in "9 Seasons Rainbow Indicator".

Breakout Upward Signals: If the Red Trend Line is tested repeatedly and Lime appears in "9 Seasons Rainbow Indicator".

Breakdown Signals: If the Green Trend Line is tested repeatedly and Purple appears in "9 Seasons Rainbow Indicator".

DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions, carefully assess risks and be responsible for your own investing and trading Activities.

A Trading Indicator Artisan, JAVA Programmer,who is helping traders improve productivity.
Tuto List: https://9seasonsrainbowindicator.blogspot.com/search/label/tutorial

Comments

The Lower Trend Line Just Supported:
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Wfdde
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go8686 bencalton1
@bencalton1, Thank you for your opinion.
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