As I mentioned in my last idea, a bull flag is being formed on the BTCUSDT pair on Daily Time Frame. Yesterday we saw a massive breakout and the price touched the 29000 mark. Now we can expect continuation to 38000 to 40000 range in coming months. Open long positions at the retest of the upper trend line of the channel. As it going to give you an excellent risk-to-reward ratio.
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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.