Bitcoin [BTC] - Trading Inside the Channel. Breakout when ?
#BTC/USDT #Analysis
Description
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+ Bitcoin is currently trading inside the channel and price is around the support zone
+ Price touched support zone multiple times and this is the third touch of the resistance
+ I'm expecting the price to bounce back from this support zone.
+ If the price fails to hold the support then our idea is invalidated.
+ A bounce back from the support of the channel will push the price above 100
Follow the trade details in the chart.
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ Bitcoin is currently trading inside the channel and price is around the support zone
+ Price touched support zone multiple times and this is the third touch of the resistance
+ I'm expecting the price to bounce back from this support zone.
+ If the price fails to hold the support then our idea is invalidated.
+ A bounce back from the support of the channel will push the price above 100
Follow the trade details in the chart.
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Order cancelled
Failed to bounce back from the support . Trade invalidated
Enhance. Trade. Grow
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Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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.
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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.