Price already break the channel with a strong bullish momentum. Expect price to pullback at breakout area to consider long entry since we can see there are a few confirmation such as demand zone and support trendline around $56.4k.
Trade closed: target reached
Worth waiting! TP at forecasted area almost 4% return.
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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.