Get started
Bitcoin
Long

BTCUSD Watch trend line for bounce off again

By Wave-Trader
Updated
Hi fellows watch Trend line for bounce off again. If price hold the trend line look for buy again close to trend line. In case price do not hold trend and breakdown then let the price come close to the 3600 area and then look for buy again Thats gonna be nice buy opportunity to go long again. I am looking for 6000 area before any big crash on Bitcoin. Good Luck fellows.
Note
Here is the lower time frame watch it for one more wave down and then look for buy close to trend line snapshot
Note
Watch trend line fellows. snapshot
Note
Watch trend line now snapshot
Note
It is still bearish watch price action before any buy.
Note
Price is running below the Trend line. Those fellows are not sure about the price action juts look at this example fellows. We need this kind of price behaviour before any buy on this pair. tradingview.com/x/GY6YPqMx/should
Note
tradingview.com/x/GY6YPqMx/should
Note
snapshot
Note
We may see another wave down in the channel if so then watch bottom for bounce off. snapshot
Note
same Structure and pattern like the previous one Watch for breakout if do not break up then buy at bottom snapshot
Note
Watch for continuation fellows. If do not continue then but at bottom again. snapshot
Note
Watch bottom for long snapshot
Note
BTCUSD Buy the pullback

snapshot
snapshot
snapshot
snapshot
snapshot
Chart PatternsTrend AnalysisWave Analysis
Wave-Trader
For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Also on:

Related publications

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.