Get started
Updated

STRAT new cycle ahead ?

491
strat bottomed out ? first we need to see some volume coming back and a breakout of the downtrend. Maybe new cycle ahead of us.
Note
testing downtrend resistance and W top. If we break this i will open a position and see if its worth it. Currently not trading this.

snapshot
Note
No breakout. Full retrace. Probably forming a Spring or even worse. Thats why you dont enter a position until breakout confirmation.
Note
Support holding strong for now. Giving more hope to hold. Just wait and see what happens.
casrules
Also on:
BTCBullish PatternsChart PatternsCyclesHarmonic PatternsstratTrend Analysis

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.
BTCBullish PatternsChart PatternsCyclesHarmonic PatternsstratTrend Analysis
casrules
Also on:

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.