Note
For the short term, or the macro, this inverted barr, lead in trend line is the major resistance and it will take a few times to break this. My brain tells me its unlikely to break it at the first attempt, if it does, it will be short lived (wicked on the daily) while BTC also would likely hit its target and drop after that. I think after the major pullback, the 2nd revisit will likely find this line again a resistance but break it, either the 2nd attempt or 3rd.
Many times I have seen this, the inverted barr is a great strategy, learn it.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.