Parallele channel + SUPPORT / RESIST + spot study / 5mn )

7 May 2020

BTCUSD in // Channels since 03/12 crash.
Long if close up to 9400
beware of compression triangle hourly
short if close under 9000
Flag patern since 04/29

3 MACD cross => Down to nearest support, last was 9021 , watch next time ...

NB: Idea inspired by amazing Kinnari
/Parallel-Channel-proved-its-important-Bitcoin-Kinnari-Prajapati/
=====================
Trade at your own risk
Smart people never bet more than they can afford to lose.

7 May 2020

Not

This is an idea about the current situation,
it's NOT a trade advise .