BTC/USD-1-hour analysis
Hello everybody!
-On the 1-hour chart, we can see that the price is in some bullish movement but we can also see that the price tested multiple(5) times resistance line of a symmetrical triangle and then the price rejected.
-We can see that the price is pushing in a bearish direction and we can see that the price is forming a tombstone Doji candle.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
-On the 1-hour chart, we can see that the price is in some bullish movement but we can also see that the price tested multiple(5) times resistance line of a symmetrical triangle and then the price rejected.
-We can see that the price is pushing in a bearish direction and we can see that the price is forming a tombstone Doji candle.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
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.