BTC ---> the tricky consolidation

Updated
hello guys...

as I said before I really think the btc for a big upward movement needs to touch below the $29600 and hunt that level then we can see another pump!

now this coin tricks me a lot because it formed a consolidation in 4h time frame!

it formed a QMC now so we can see a little upward movement until the top of the channel

after that, it is important which line suppose to break out,

if the bottom line break so lucky us and a possible scenario will happen!

let's see what happened

_______________________________

always do your research.

If you have any questions, you can write them in the comments below, and I will answer them.

And please don't forget to support this idea with your likes and comment


Trade closed: target reached
the long position hit the target
Trade closed: target reached
the long posiiton touched the target

snapshot
Trade active
the short position active now!

snapshot
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDTParallel ChannelSupply and Demand

👉 my broker:: bit.ly/HYMCMELI
____
👉 my exchange: bit.ly/LbankMeli
____
👉 my Autotarder: bit.ly/btse
____

telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Also on:

Related publications

Disclaimer