melikatrader94

BTCUSDT---> breaks up the channel

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT---> breaks up the channel

hello guys...

BTC formed a head and shoulders pattern and after breaking up that neckline touched the target (the target of this pattern was the first pink area)

in the middle of its path formed an ascending channel and kind of break this up as well

it is possible if make another upward movement to the second pink area ( I show it by arrow mark)

and the second pink area it is not a bad place to get a short position but I should inform you that this is not kind of a certain forecast just threw my shut to see what happened when the price arrives there!


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Trade closed: target reached:
the long position hit the target
Trade active:
if the price break down this line
get a short position in retrace


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