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BTT/USDT mid and long term setup

BTT/USDT pair is forming a cup and handle on the 1D timeframe.
The pattern has been formed after a strong bullish trend as evident by the nice support of EMA 20 along with RSI resistance at 50
The volume is declining in the handle which again is in favor of pattern
The pair is likely to trade in handle for sometime before breaking out upwards.
Enter long position post breakout during the handle resistance re-test
Ensure that volume is in an up-trend before buying
The pattern has been formed after a strong bullish trend as evident by the nice support of EMA 20 along with RSI resistance at 50
The volume is declining in the handle which again is in favor of pattern
The pair is likely to trade in handle for sometime before breaking out upwards.
Enter long position post breakout during the handle resistance re-test
Ensure that volume is in an up-trend before buying
交易結束:目標達成
Broke out免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。