- There is a big break out of a large range -> The rectangle shows you the big range
- One day ago, the BITCOIN has broken its high point -> So obviously, there is no resistance which can brake its progression.
- The Target is simply the width between the two parallel lines of the rectangle -> $36, 000 must be touched.
- One day ago, the BITCOIN has broken its high point -> So obviously, there is no resistance which can brake its progression.
- The Target is simply the width between the two parallel lines of the rectangle -> $36, 000 must be touched.
Trade closed: target reached:
Position is closed, success trade.