[B]BYBIT:BTCUSDT
1H trend chart
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1. Pattern side
BTC is consolidating as a flag since hit the highest high.
If price can take out the downtrend line, trading strategy as below.
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Profit Targets:
a) 67210----Fib(1)
b) 70884.5~72371.0----Fib(1.272~1.382)
Stop losses:
a) Depend on the position of breaking out.
2. Vegas tunnel side
You can judge it with reference to Rex's education about Vegas tunnel.
He makes an great example of BTC(link as below)
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
1H trend chart
-
1. Pattern side
BTC is consolidating as a flag since hit the highest high.
If price can take out the downtrend line, trading strategy as below.
-
Profit Targets:
a) 67210----Fib(1)
b) 70884.5~72371.0----Fib(1.272~1.382)
Stop losses:
a) Depend on the position of breaking out.
2. Vegas tunnel side
You can judge it with reference to Rex's education about Vegas tunnel.
He makes an great example of BTC(link as below)
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
