Hi, This post is a help for the post with topic''Bitcoin Analyze (Regular Contracting Triangle)!!!'' (Unfortunately, this post didn't publish in the General Section).
Bitcoin Analyze ( BTCUSDT ) Timeframe 30min ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Bitcoin has started Corrective Structure on top of our Descending Channel, I tried to find the end of wave C. The end of wave C can be on Support Zones..
Also, we are 👀seeing👀 the end of pullback to the lower line of our Regular Contracting Triangle.
Support Zones:
Target 1: 32600$-32520$
Target 2: 32270$-32220$
Resistances Zones:
Resistances Zones 1: 33700$-33740$
Resistances Zones 1: 34160$-34220$
My Suggestion: Find best Triggers for opening Short Positions //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$), then we can think about opening Long positions for the Short-term.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze ( BTCUSDT ) Timeframe 30min ⏰
Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!''.
Bitcoin has started Corrective Structure on top of our Descending Channel, I tried to find the end of wave C. The end of wave C can be on Support Zones..
Also, we are 👀seeing👀 the end of pullback to the lower line of our Regular Contracting Triangle.
Support Zones:
Target 1: 32600$-32520$
Target 2: 32270$-32220$
Resistances Zones:
Resistances Zones 1: 33700$-33740$
Resistances Zones 1: 34160$-34220$
My Suggestion: Find best Triggers for opening Short Positions //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point (35060$), then we can think about opening Long positions for the Short-term.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅'like'✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Trade closed: stop reached
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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.
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.