BTC daily chart and short-term sharing
Updated
The daily chart on the left shows that after falling to the support of the trend line on 8/19, it closed two consecutive positive lines, and the current price is on the edge of the trend line.
If the previous low (20715.00) is broken, there is a chance to test 19166.65.
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The 15-minute chart on the right shows that the black rectangle is a consolidation range, and the EMA is also entangled.
The box was broken in the afternoon, and an empty order can be placed here:
Take Profit: 20756.68
Stop Loss: 21474.21
The current price rebounded after reaching the support (20955.01).
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It should be noted that even if the price reaches 20756.68, it has not touched the previous low (20715.00), so it is possible to continue to consolidate after rebounding here (20756.68).
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If the previous low (20715.00) is broken, there is a chance to test 19166.65.
-
The 15-minute chart on the right shows that the black rectangle is a consolidation range, and the EMA is also entangled.
The box was broken in the afternoon, and an empty order can be placed here:
Take Profit: 20756.68
Stop Loss: 21474.21
The current price rebounded after reaching the support (20955.01).
-
It should be noted that even if the price reaches 20756.68, it has not touched the previous low (20715.00), so it is possible to continue to consolidate after rebounding here (20756.68).
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Trade closed: stop reached
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