Good long risk reward on weekly bitcoin chart!

Updated
Hi All,

So my take on the current situation. Sentiment is not great and there was a big pull back. Nevertheless we have reached a big support level. I think it can be interesting to set up a long trade with a stop loss around 7200 (very improtant beceause this trade is a 50 / 50). The upward potential is the underlying idea behind this trade.

Cheers!


Trade active
Trading idea is performing very well! Will be interesting to see if it will bounce back lower from 9k...
Trade active
after a rough week, the trading idea is still going strong
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