Moiz96

Trend in Trap

COINBASE:BTCUSD   Bitcoin
Hello Everyone!

This is my analysis on BTCUSD

. Black numbers (1) and (2) major resistance where (3) is Key Support
. Dotted Black Lines shows parallel channel where candles may lay for a week or half before making any clear direction for green or Red.
. major 0.382 fib rejected for now, making short spikes and deeper lows until moderation is perceived.

Every thing is drawn on chart , i hope there is no confusion.


Check my Previous analysis and thumbs up if you like the idea.

Have Safe Trades,
Good Luck! :)

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.