Helical_Trades

XBT/USD : Last week's range

BITMEX:XBTUSD.P   Bitcoin
XBTUSD.P BTCUSDT
Hello everyone 😃
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 👇🏼


📈 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.


📉 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.


📉 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

🔴 Don't forget to join our channels for FREE Premium stuffs !

TELEGRAM :
t.me/Helical_Trades

Instagram ( Persian - فارسی ) :
www.instagram.com/helical_trades/
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.