Republish ... This analysis was previously published and each time the specified resistance (red line) was touched, it fell and no candle was closed above it This analysis is still valid, but now we have two resistances ! CARACAL TRADE
After 3 months of this analysis, it still works well and does not need to be changed Step by step, we close the positions of the shorts and prepare for the long CARACAL TRADE
For the second time, the resistance line worked well and the price returned In case of pullback, it can be used again for short position CARACAL TRADE
good position for BUY Use the pullback to the trend line . . . CARACAL TRADE
Trend line pullbacks can be used for BUY Targets are specified in the analysis CARACAL TRADE
Very good position for BUY Use the pullback to the trend line . . . CARACAL TRADE
Important resistance area, suitable for shorts position With good risk / reward CARACAL TRADE
This channel was published in the old analysis, Which is republished due to reaching a good resistance area Use pullbacks for short CARACAL TRADE
Strong resistance zone - good position for shorts CARACAL TRADE
Hitting the marked lines creates a good position for the shorts CARACAL TRADE
bitcoin reacted well to the red line and returned These areas can not convince me of long-term BUY and should be used with caution Especially since the weekly chart is not in good condition, we have to wait for it to close CARACAL TRADE
Bitcoin shorts in the specified resistance . . . CARACAL TRADE
There is a possibility of a good reaction from this resistance What do you think ?
By following this long-term channel, many trading opportunities can be found in the lower time frames these days We will review the other times soon
Convenient position for BUY with small SL Save profit in identified resistance areas and trail for higher numbers
BUY in the support area For TP and SL, use the Fibonacci and trend lines specified in the chart