djoffrey

BTC | Almost identical impulse and correction

Long
djoffrey Updated   
HTX:BTCUSDT   Bitcoin / Tether USD
We could easily find 2 up moves and 2 down moves with same price range, !!BUT!! less volume, does it mean, the downtrend is ending?

Quite unlikely, just a long shoot.
Comment:
The price didn't go beyond the pressure (orange line), the up trend is vanishing...
Trade active:
LONG OPENED: 33600
Comment:
A second test with small selling climax, good job CM
Trade closed: stop reached
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.