BTCUSDT POSSIBLE SCENARIOS
BTCUSDT currently in a range or sideway trading and a breakout is imminent .in addition BTCUSDT is due for a pullback
if price breaks below the red line and closes
below the zone or 49225.01 ,then the pullback will probably be deeper down to the next zone at 40245. RSI must be below 50 and should confirm sell entry with candle pattern (preferably a candle with an up wick)
Possible bullish scenarios :
if price breaks below the red line and pullback into the zone and sweeps the zone low with a wick but dose not close below 49225.01.
If price breaks and closes above the blue line , then the trend will continue. RSI must be above 50 .long entry should be take after a short pullback and must be confirmed with candle pattern ( a candle with a low wick ) .exit a trade when a divergence is formed .
You can also use Chaikin OSC (above/below 0 level ) and divergence along with candle pattern to confirm trend change or breakout
Goof LUck
BTCUSDT currently in a range or sideway trading and a breakout is imminent .in addition BTCUSDT is due for a pullback
if price breaks below the red line and closes
below the zone or 49225.01 ,then the pullback will probably be deeper down to the next zone at 40245. RSI must be below 50 and should confirm sell entry with candle pattern (preferably a candle with an up wick)
Possible bullish scenarios :
if price breaks below the red line and pullback into the zone and sweeps the zone low with a wick but dose not close below 49225.01.
If price breaks and closes above the blue line , then the trend will continue. RSI must be above 50 .long entry should be take after a short pullback and must be confirmed with candle pattern ( a candle with a low wick ) .exit a trade when a divergence is formed .
You can also use Chaikin OSC (above/below 0 level ) and divergence along with candle pattern to confirm trend change or breakout
Goof LUck
코멘트:
Watch out for the mother candle on Feb 23rd @ 20 UTC
코멘트:
Mother candle on Feb 23rd @ 20 UTC was broken up and target reached . This ideas still valid for the big breakout (red and blue levels)
거래청산: 타겟 닿음:
Another successful breakout and target reached . two 4h candles formed 2 big FVG and RSI is overbought so there a chance of a pullback .I CLOSED 100% and took my profit .
Good Luck
Good Luck
Good LUck