Bitcoin / TetherUSUpdated BTC possible movements
READ THIS VERY IMPORTANT
after a good bullrun all eyes are on this parallel channel on the chart for btc next move
break of price in either side and sustaining with a good 4h candle above 9500 or below 9200 confirms the next movement
i personally think because of the regular divergence in volume and AO indicator a good short entry is more likely giving the fact that we have 2 CME gaps around 9100 and 8500
and in my opinion this trendline in the top is more likely to break above.
happy trades.
after a good bullrun all eyes are on this parallel channel on the chart for btc next move
break of price in either side and sustaining with a good 4h candle above 9500 or below 9200 confirms the next movement
i personally think because of the regular divergence in volume and AO indicator a good short entry is more likely giving the fact that we have 2 CME gaps around 9100 and 8500
and in my opinion this trendline in the top is more likely to break above.
happy trades.
Note
i think btc going to break the below line and test the trend linethe important zone is 9100 and 8800 that can push price a bit higher that it is a good 200-300$
specially 8800 i see a move toward 8800 jump to 9100 and last target 8500 area
Trade active
First target done.2scenarios ahead
Buyback zone about 9500-9600
Or 9100-9200
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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.
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.