BTC Moving to the upside!
So... 
BTC broke out today from the bullish wedge, and currently, we are testing the support line of the wedge.
If the relief rally wants to get a chance 41.500k must hold. We need to bounce pretty much right now.
This is also an interesting short-term trading opportunity with the following settings:
1/ ENTRY: 41.700
2/ SL: 41.200
3/ TARGET 1: 42.700
3/ TARGET 2: 43.540
... so here is a trade with a pretty decent risk-reward ratio.
Good luck.
BTC broke out today from the bullish wedge, and currently, we are testing the support line of the wedge. If the relief rally wants to get a chance 41.500k must hold. We need to bounce pretty much right now.
This is also an interesting short-term trading opportunity with the following settings:
1/ ENTRY: 41.700
2/ SL: 41.200
3/ TARGET 1: 42.700
3/ TARGET 2: 43.540
... so here is a trade with a pretty decent risk-reward ratio.
Good luck.
Trade active
So far so good. Target #1 reached
Target #2 approaching target #2 soon.
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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.