Bitcoin / TetherUS
Long
Updated

BTC (Y21.P2.Video6).What are the indicators telling us

723
Hi Traders,

This video post explains the levels to look for to go long, what possible scenarios can play out and what my current thoughts are on price action along with what the indicators tell us.

Below are some screen shots to accommodate the commentary.

Note, this is a continuation of the previous post, link provided here.


Please give me a tick or like for this post.

Regards,
S.Sari

Breaking this channel into fib levels makes sense as it will be a guide to know which is the next level for support or resistance.
snapshot


I favour this scenario
snapshot

Bearish Scenario 1
snapshot
Note
my shared live chart
tradingview.com/chart/M6rECmP4/
Note
snapshot

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.