TradingView
priyanshuraj620722
Aug 14, 2022 2:04 PM

trend anylisis  Long

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

hii every one this is BTC usdt 4 hr time frame dominates the chart for long term in this chart you see horizontal resistance formed by 3 touching point . and there is also a triangle contunation pattern formed so there is high 90 possibility to go up by touching the horizontal resistance of 24429.

Comment

there is a vertical support creadted from lower high points of up trend
1 st at 18947 price
2nd at 20800 price
3rd at 22900 price
4th will be future prediction at 23900

Comment

more the times price touches trend line it become more stronger

Comment

we acheve 4th prediction few min ago

Comment

now #BTCUSDT will move up from this point

Comment

5th prediction we will break the level 25200 on 19th aug +5:30UTC

Order cancelled

Trade closed manually

Comments
vanathi
Hi,

Welcome to the trading view community. Good work on your first analysis.
Refer the link for guidance. tradingview.com/support/solutions/43000603748-how-to-post-awesome-ideas-and-get-lots-of-likes/

regards
Vanathi
priyanshuraj620722
@vanathi, thanku but my analysis works .
monish_8
bro that is a wedge it is a reversal pattern not a continuation pattern
priyanshuraj620722
@monish_8, I have done all things in wrong ways 😒☹😟
More