Search
  • Vasily Trader

BITCOIN (BTCUSD) Trend Following Trading Plan (Trading Plan)



BTCUSD is retesting a trend line that it broke last week.


To catch a bullish continuation from that, I would recommend looking at a falling wedge pattern on 1H chart.

While the price is inside that, it remains in a local downtrend.

However, once its resistance is broken, bullish impulse will most likely follow.


Your task right now is to be patient and wait for a breakout with a candle close above.


Then long can be initiated on retest or aggressively.


Potential goals: 36.000 / 38.000


Good luck!

2 views
  • TradingView
  • Telegram
  • Instagram
  • YouTube
  • FaceBook
  • Twitter

©2020 by VasilyTrader