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Helical_Trades
7 apr 2022 15:49

XBT/USD : Last week's rangeΒ 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Descrizione

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BITMEX:XBTUSDBINANCE:BTCUSDT
Hello everyone πŸ˜ƒ
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !

Current BTC's moving into a last week's range and There're couple of possible scenarios to keep an eye on them :
- Possible Deviation and pullback above $44500.
- Rejection below $43300's support zone and create another opportunity to take Short.
- Continuation for Short and rejection below $41000.
There're the topics that I'm going to talk about; Follow me πŸ‘‡πŸΌ


πŸ“ˆ Possible Deviation and pullback above $44500 :

If we got the break-out above the Fib's 50%, Then the deviation would be confirmed !
Be noticed that we need those candle closes above the mentioned line to confirm the deviation...
- The Long's trigger should be located on a proper retest of $44365's wick's S/R line.


πŸ“‰ Rejection below $43300's support zone and create another opportunity to take Short.

If we get the rejection below the deviation zone; Then I'll be searching for a Short position.
Be noticed that we need to have the rejection before any action...
- The Short's trigger should be located on a proper retest of $43300's S/R zone.


πŸ“‰ Continuation for Short and rejection below $41000.

In continuation of the Short's position.
If we get the rejection below $41000's S/R zone, Then we can have our other Short position into $37000's support zone !
- The Short's triggers should be located on a proper retest of $41000's S/R zone and $40300's S/R line.


Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades
Commenti
Investroy
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Great illustration
CobraVanguard
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great lovely
Solldy
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Great forecast! I posted an idea that is similar to your chart, so I support the bullish scenario.
DeGRAM
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Looks like a winnerπŸ”₯
UnknownUnicorn15614419
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Nice one! Keep sharing
Altro