BTC UPDATE
#BTC UPDATE 5 :
In 1D TF symmetrical traingle scenario upper lines always rejected if price hitting CPR lines than we are aware uppper line of symmetrical traingle must also broken around 22000 so even we have impulsive movement in short term than please wait for the price to breakout resistance line before taking any trade but if we are going to get rejection around that area then we can use this opportunity to short the market towards 19000 to 18000 area because Monthly S1 line is target for September Month as discussed in BTC UPDATE 1.
In 1D TF symmetrical traingle scenario upper lines always rejected if price hitting CPR lines than we are aware uppper line of symmetrical traingle must also broken around 22000 so even we have impulsive movement in short term than please wait for the price to breakout resistance line before taking any trade but if we are going to get rejection around that area then we can use this opportunity to short the market towards 19000 to 18000 area because Monthly S1 line is target for September Month as discussed in BTC UPDATE 1.
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