$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout)
-Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal.
-Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside)
-Signal Candles: Big Green Candles with vol showing buyers in action.
Horizontallines
MANAPPURAM FINANCE (1D)MANAPPURAM FINANCE (1D) Candle
Created three horizontal line where it takes support & resistance.
Top Horizontal resistance line(Green) price - 169.80
Middle Horizontal support line(Light brown) price -153.50
Bottom Horizontal support line(Red) price -139.60
Trade according to the Horizontal lines.