I am seeing 2 possibilities...
One is that a rising zigzag has been completed and its correction appears.
The other is 1-2-1-2 scenario.
One is that a rising zigzag has been completed and its correction appears.
The other is 1-2-1-2 scenario.
Note
Just opened a long and if it goes like in the chart, will switch to a short.
Note
Note
Closed the long half.Note
If this gets drawn, I will close the current long and open a short as planned.
Note
If BTC goes up straightforward without correction, I will open an additional long on the breakout as planned.
Note
I am seeing these 2 possibilities... of course, there is another possibility going up breaking out the current high.
I am going to open a short if enough bouncing appears.
Note
This could be a triangle like mentioned earlier.
Will close half the current short and if triangle gets broken upward, will switch to a long.
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.