Bitcoin is within the range. Quite a bit of time has passed since the last retest, and the liquidity pool that has formed below 106345 may not allow the price to fall on the first attempt.
Global and local trends are bullish. Enter a buy position after a false breakout of support and the formation of a local reversal pattern on TF m5-m15
Scenario: if, after a false breakout, price consolidation forms above 106500, then the entry point could be a breakout of local highs (breakout of the structure - ‘bos’).
Global and local trends are bullish. Enter a buy position after a false breakout of support and the formation of a local reversal pattern on TF m5-m15
Scenario: if, after a false breakout, price consolidation forms above 106500, then the entry point could be a breakout of local highs (breakout of the structure - ‘bos’).
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❤️ Telegram channel: t.me/AndeWave
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.