TradingView
JolanCL
15 jun 2019 04:18

Friday Night Tought $BTC 

Bitcoin / TetherUSBinance

Beskrivning

H4 Trend Analysis

The same pattern as the one in grey might form up.
It was charted in blue with the tool Ghost.
When extend, it coincides with previous resistance identified.

Key point:
Support area is tested and kept;
Channel is forming up;

Mid Term Target based on previous High
Short term resistance : Area to open low R:R with Mid Term as the target

Support Zone is the best buy zone but with a Higher R:R. Have to be careful because the short Term Resistance represents the previous Higher High from the trend reversal. Needs to be broken to keep the momentum.
Mer