Scenario 1: If the canal roof is broken in the pullback and confirm the purchase range
Scenario 2: Channel floor is a good place to buy and it is better to save the channel ceiling and after confirming the failure of the ceiling, buy again according to scenario 1
Scenario 3: If the canal floor is broken by a strong negative candlestick, it is expected to be corrected to at least 0.004 (0.618 Fibonacci). Pullback to the bottom of the channel to take a short position
In case of bitcoin fall, the range is probable (Be sure to consider)
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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.