Whoever longed after my call in xbtusd ,i think he will be very happy...Cheers.
I think the pump is over now.
So next step is to short.
Lets chase the target 2.
I am not giving any financial advice.i am just publishing my idea.
As we can see in 1D chart we are clearly in a Symmetric triangle.
Its target on the upside is 5700 $ (less likely),
and on the downside is 2550$ .
Now , lets us analyse the current situation,
we can see in 4H chart we had a whooping 350$ - 400$ pump
after breaking the falling wedge.
It wants to test the 3800$ resistance (more precisely 3789$)
but the bulls look...
The market has already bottomed out and is consolidating to make its new move to break the old resitance, I have ppointed out the trends and have indicated the market can react at the given situation.
This is not financial advice ;)
This indicator is specially made for BITMEX and FOREX.
It will give u automatic BUY/SELL signals.
You can easily take minimum 20% profit daily from bitmex by this indicator.
TO BUY THIS INDICATOR CONTACT US ON TELEGRAM @marianzs Or U CAN ALSO MESSAGE US ON TRADINGVIEW.
OUR TELEGRAM CHANNEL t.me
I have chosen this ABCDE triangle wave as my primary count on the daily time frame, which also looks like an ascending wedge pattern wise. Ascending wedges are usually a bearish reversal pattern but can be used within a larger movement. So, technically my downside targets are near the wedge bottom ( USD 3100-3200 level) , where it'll be crucial to watch if the...