BOT/BTC (Wait For Breakout Direction)
💎Technical Analysis Summary💎
BINANCE: BOTBTC
-BOT opened the trading action with a strong Bearish candle on the 1hr chart
-The price is currently consolidating after the strong sell-off
-It is not safe to trade inside a ranging market
-Because the price can easily move in any direction
-The safest approach to this market is to wait for the proper breakout direction
-Like if the price breaks the channel to the upside, your priority is Buy
-While if the channel failed to hold, Selling is your priority
-Using this strategy will reduce the risk and have proper stop loss location too
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BINANCE: BOTBTC
-BOT opened the trading action with a strong Bearish candle on the 1hr chart
-The price is currently consolidating after the strong sell-off
-It is not safe to trade inside a ranging market
-Because the price can easily move in any direction
-The safest approach to this market is to wait for the proper breakout direction
-Like if the price breaks the channel to the upside, your priority is Buy
-While if the channel failed to hold, Selling is your priority
-Using this strategy will reduce the risk and have proper stop loss location too
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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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.
Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
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.