BTCUSD is rising after a clear support test on the Falling Resistance of the Bear Cycle.
On March 2022 we had an equally strong rejection on that Resistance.
We flipped the fractal and matches so far the price action since the December lows.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 35000 (the fractal's peak).
Tips:
1. The RSI (1d) is already overbought but nowhere near the January levels. Such impulsive waves ignore the standard overbought/ oversold levels on traditional assets.
Please like, follow and comment!!
On March 2022 we had an equally strong rejection on that Resistance.
We flipped the fractal and matches so far the price action since the December lows.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 35000 (the fractal's peak).
Tips:
1. The RSI (1d) is already overbought but nowhere near the January levels. Such impulsive waves ignore the standard overbought/ oversold levels on traditional assets.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.