In this trading idea we are looking at the Bitcoin price on the 1H chart. According to my previous ideas, the Bitcoin price tends to move in very simple patterns with high volatility in between. While the price is moving in an uptrend, we will increase our long positions during the retracements and consider to take profit when sellers appear on resistance areas.
The whole idea is explained in the Stream below - feel free to check it out.
https://www.tradingview.com/streams/ot7kABXnU14G-nNED1d9R
The whole idea is explained in the Stream below - feel free to check it out.
https://www.tradingview.com/streams/ot7kABXnU14G-nNED1d9R
Note
Previous Idea
Note
This idea is a great example of how retracements shape differently. This scenario turned out to be a Bull-Flag 
Note
Three weeks ago we were looking at the price moving in a Symmetrical Triangle
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.