Technical analysis using Trend lines and S/R levels
As we can see in 1D chart we are clearly in a Symmetric triangle.
Its target on the upside is 5700 $ (less likely),
and on the downside is 2550$ .
Now , lets us analyse the current situation,
we can see in 4H chart we had a whooping 350$ - 400$ pump
after breaking the falling wedge.
It wants to test the 3800$ resistance (more precisely 3789$)
but the bulls look weak in the current stage,
we can see a retracement till 3485$ - 3468$ before heading upside to test 3800$ resistance.
CURRENT BATTLE PLAN ::
we are shorting from 3600$ - 3630$
For full signal, join our telegram channel or mail me at 181shakirgmail.com
http://t.me/joinchat/AAAAAESeJYN7nuNOcRb5rA
Do not forget to like and subscribe if you find it useful.
THANK YOU!!
Its target on the upside is 5700 $ (less likely),
and on the downside is 2550$ .
Now , lets us analyse the current situation,
we can see in 4H chart we had a whooping 350$ - 400$ pump
after breaking the falling wedge.
It wants to test the 3800$ resistance (more precisely 3789$)
but the bulls look weak in the current stage,
we can see a retracement till 3485$ - 3468$ before heading upside to test 3800$ resistance.
CURRENT BATTLE PLAN ::
we are shorting from 3600$ - 3630$
For full signal, join our telegram channel or mail me at 181shakirgmail.com
http://t.me/joinchat/AAAAAESeJYN7nuNOcRb5rA
Do not forget to like and subscribe if you find it useful.
THANK YOU!!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.