Roswin-Fernandes

BTC/USDT-->INVERTED POLE & FLAG BREAKDOWN

Short
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
BTCUSDT.P

TECHNICAL ANALYSIS
--> BTC/USDT had made a impulsive downmove earlier and was consolidating in a Inverted Flag Pattern since 3 months.
--> BTC/USDT has given a breakdown from a INVERTED POLE & FLAG Pattern.

Bitcoin Onchain Analysis
-->during the consolidatiion of BTC/USDT in a Inverted Flag Pattern since 3 months.
-->In this zone MPI, Miner's Inflow, SOAB(5-7yr,7-10yr,10y), Average Dormancy, CDD made huge peaks suggesting Long-Term-Hodlers booking Profits.
--> for a detailed analysis you can check it out on my portfolio by clicking the link in the comment box.
ENTRY
--> Take a postion when it gives 1 HR closing below 39100.

STOPLOSS
--> SL =42100

TARGET
--> Target 1 = 34100
Target 2 = 30100

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.