Hi Guyz this is overview of BTCUSDT Feel free write your feedback in comments
Pattern formed Double Top
Bearish Reversal pattern spotted formed near 111,829
price tested the top twice and failed strong resistance confirmed.
Key Zones
Supply Zone Resistance
111,794 and 111,829
Expect selling pressure here
Support zone ( Broken)
price fell below this level confirming a bearish breakout
Target Zone
100, 200
This is likely drop target based on the pattern
Trade setup
Short Entry After support break
Stoploss 1111,829
Take profit 100,829
Risk Reward look attarctive
Summary
Bais Bearish confirmed by
Double Top
Supply zone Rejection
Support break
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Pattern formed Double Top
Bearish Reversal pattern spotted formed near 111,829
price tested the top twice and failed strong resistance confirmed.
Key Zones
Supply Zone Resistance
111,794 and 111,829
Expect selling pressure here
Support zone ( Broken)
price fell below this level confirming a bearish breakout
Target Zone
100, 200
This is likely drop target based on the pattern
Trade setup
Short Entry After support break
Stoploss 1111,829
Take profit 100,829
Risk Reward look attarctive
Summary
Bais Bearish confirmed by
Double Top
Supply zone Rejection
Support break
If this post useful to you please support with like and comment i will be very Thankful
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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.
Join my telegram channel
t.me/GoldkillerSignals12
Join my Vip membership channel
t.me/+hRsF7h9mMBE2NWJk
t.me/GoldkillerSignals12
Join my Vip membership channel
t.me/+hRsF7h9mMBE2NWJk
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.