Here's where we are standing right now.
已更新
Welcome Tradingviewers,
To begin with, i see alot of fear in the tradingview stock charts, people either being super bullish or super bearish .
The truth is, nobody doesn't know. My charts are based on market movement and zero emotion.
As we go through the chart, we see that Bitcoin has formed a Mid-term bearish channel since July 2019.
At the same time we also see that Bitcoin created a big symmetrical triangle since december 2017.
This leaves us for good trading opportunities with low risk:
If you like my idea please leave a like so i can make more of these. :)
Any questions can be asked in the comment section.
To begin with, i see alot of fear in the tradingview stock charts, people either being super bullish or super bearish .
The truth is, nobody doesn't know. My charts are based on market movement and zero emotion.
As we go through the chart, we see that Bitcoin has formed a Mid-term bearish channel since July 2019.
At the same time we also see that Bitcoin created a big symmetrical triangle since december 2017.
This leaves us for good trading opportunities with low risk:
- We can go long from here, and use our trendline as a stop-signal. Our target would be around 8,000$.
- In case Bitcoin drops below our trendline , we will short from there. With our target set at 200MA (5,200$).
- The same goes if bitcoin breaks out of our symmetrical triangle. In this case, we will make updates on targets.
If you like my idea please leave a like so i can make more of these. :)
Any questions can be asked in the comment section.
交易开始
Short交易结束：到达止损
False breakdown, we go long until we break down our trendline注释
Today turned out bullish, we are doing great so far.Follow me for instant updates on trading strategies!
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