BigLava

Simple TA following trends

BYBIT:BTCUSD   None
Keeping this short and simple


1st scenario (Break out of resistance: purple line)
If a 1H candle decides to close above trend resistance (purple line) we can expect price to reach towards the 10,700 horizontal resistance area and continue to aim towards new trend support (purple line).


2nd scenario (break in trend support: black line)

Now if a candle decides to close below trend support (black line). We can expect to see retest of horizontal support at 10,500 area. A bounce back would be likely, and which it will aim towards purple resistance trend line and bounce around the horizontal support and trend resistance.

Follow for more precise updates


Automated Crypto Trading bot and signals below
|||||||||||
vvvvvvvvvvvvv
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.