BitcoinUpdated The possibility of something is cooking in Bitcoin kitchen...!
All the major resistance and support plotted on the chart.
The price breaking out any of these R 9083 and R 8398 will give us new direction of trend.
The excess/penetration has been seen out side of parallel channel/value area. The price can be dump and damp between Upper Bound: Parallel Channel and Lower Bound: Parallel Channel.
Traders can trade both either buy at pepper bound or sell at lower bound until breakout the channel with confirmation.
Let take a closest look with different angles:
---> You will get big move shortly with volume surged.
The price breaking out any of these R 9083 and R 8398 will give us new direction of trend.
The excess/penetration has been seen out side of parallel channel/value area. The price can be dump and damp between Upper Bound: Parallel Channel and Lower Bound: Parallel Channel.
Traders can trade both either buy at pepper bound or sell at lower bound until breakout the channel with confirmation.
Let take a closest look with different angles:
- Very Low Volume
- Narrow range in price with series of almost no body of candle.
- price rotation
- remarkable point: price falling with vol. volume before the price rotation.
---> You will get big move shortly with volume surged.
Trade active
The price of Bitcoin just tested Upper Bound of Parallel Channel.Note
Upper Bound is Resistance...!Note
Exactly Bitcoin fall 200 points from the Upper bound. 😛, High can be work as stoploss.Note
Dont forget to follow, you will get new trad-able setup.
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.
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.