BTCBUSDPERP
Swing trade anlysis Bitcoin BOTH Long/Short position BINANCE:BTCUSDT
swing trade analysis for both short and long position
NEUTRAL ZONE 30000 - 35000 works as a neutral zone
LONG POSITION If it daily candles closing above 37500 sustain here you can go for
long target but make sure the volume of that candle breaks the MA line in volume
SHORT POSITION 30000 works as huge support once If it breaks
it will make sure it will reach 28000 easily
And everything mentioned in the chart
This analysis includes and gives respect to
1 Fibonacci retracement
2 Support & resistance
3 volumne
NOTE CHECK THE ANALYSIS IN 1DAY TIME FRAME I MADE IT IN WEEKLY DUE TO SPACE PROBLEM
COMMENT YOUR THOUGHT ON THIS IDEA
PARDON ME IF I MADE ANY MISTAKE ITS MY FIRST IDEA IN TRADING VIEW