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Bitcoin / TetherUS
Long

BTC | 2B Reversal | 4h

By Kendrick_Crypto
snapshot

snapshot

BTCUSDT

  • 1d chart retraced to volume profile support around 39000
  • completion of 5 waves in 4h timeframe
  • (1B) confirmed by the break of downward trendline
  • consolidation in a rectangle around 40000
  • but broken downward with high volume to the volume profile support
  • the support and rectangle instantly recovered with even higher volume, forming the (2B)

2b_patternpriceactionRectangleSupport and ResistanceTrend Lines
Kendrick_Crypto

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