BTC broke out to the upside of the triangle yesterday but formed another swing failure pattern with the 40.9k daily level.
Now BTC formed a parallel channel, if we break to the downside targets are still the same, same for the upside.
PS : Here is a good place to long for a move back to the high of the channel, with a stop below the trendline.
Any questions?
Good luck traders
Remember not to break your rules
Habib
Now BTC formed a parallel channel, if we break to the downside targets are still the same, same for the upside.
PS : Here is a good place to long for a move back to the high of the channel, with a stop below the trendline.
Any questions?
Good luck traders
Remember not to break your rules
Habib
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.