chart_patterns22

Fake reverse and Breakout

BINANCE:BTCUSDT   Bitcoin / TetherUS
Here BTCUSDT break the lower level of parallel channel. But it was a fake breakout. But it took support at 50ema and reversed and gave a huge profit. If one concept break check other as support such as 50ema, it's a huge support in all levels. When it reversed back watch the line of half trend. You can put lower level of half trend as sl too. Always check 30min or 1hr pivot as targets. Volume with ma also helps to know it's a demand area or not

면책사항

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