BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$BTC has formed a range here on current weekly's movement.
Also, there's a formed rising wedge that currently covers $BTC's movement.
Based on the data we have, If $BTC breaks below the wedge it should drop to the lower range's level.
For now, we have the confirmation for possible Longs till $40600 as $BTC's moving above $39200!
I'm looking for two possible movements to Take Position on...
- Sweep on Range's high, And look for Short on any rejection.
- Break below the rising wedge and take any possible retest into pressure lines ( Broken support or broken pattern ).
On another side; If $BTC manages to hold above $40600 till the new weekly open.
There'll be a chance for bulls to push the price above $40800 towards $42400 in Monday's range.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$BTC has formed a range here on current weekly's movement.
Also, there's a formed rising wedge that currently covers $BTC's movement.
Based on the data we have, If $BTC breaks below the wedge it should drop to the lower range's level.
For now, we have the confirmation for possible Longs till $40600 as $BTC's moving above $39200!
I'm looking for two possible movements to Take Position on...
- Sweep on Range's high, And look for Short on any rejection.
- Break below the rising wedge and take any possible retest into pressure lines ( Broken support or broken pattern ).
On another side; If $BTC manages to hold above $40600 till the new weekly open.
There'll be a chance for bulls to push the price above $40800 towards $42400 in Monday's range.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
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TELEGRAM :
t.me/Helical_Trades
Instagram ( Persian - فارسی ) :
www.instagram.com/helical_trades/