TrendFather

BTC trade idea

BITFINEX:BTCUSD   Bitcoin
I observe my pattern, rollback - flat movement - consolidation (small).
There are borders of flat movement 8550 and 8440, near these levels there are blue rectangles, from which it is better to work.
1. If the price is move to the upper rectangle, then (there will definitely be consolidation) and a set of positions for long or growth. But also an important point is that the price is next to the trend line. If she can break through the trend, then I will make a new idea with a farther analysis of the situation.
If the price bends off the trend line, then it will go to 8500 and below for a set of positions.
2. If the price in the near future falls into the lower rectangle either immediately or after a rebound from the trend, then there will be movements of about 8440. If there is consolidation, then again there will be a set of positions.
3. If consolidation will occur under 8440, and there will be false breakdowns, then there will be a rollback to 8400-8200.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.