BitcoinUpdated Ranging BTC
Ranging scenario.
Higher lows but not higher highs. Possible triangle formation?
Multi TF R at red box (~6500).
Multi TF S at green box (~4500).
We can go to kiss R and then look for lower prices. Probable some kind of stop at the other levels on the chart.
Higher lows but not higher highs. Possible triangle formation?
Multi TF R at red box (~6500).
Multi TF S at green box (~4500).
We can go to kiss R and then look for lower prices. Probable some kind of stop at the other levels on the chart.
Trade active
Looks like S (~6000) has been lost.
Target 5.6k.
Lets see how it plays out. Keep updated.
Trade closed: stop reached
Clean & Simple. Dont need to say much more.
Follow for more counter trades.
We are and always be honest AF.
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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.