BTC/USD Possible breakout
I am still new to trading and this is my first published idea, trying to keep it very simple. Perhaps an ascending triangle with higher lows and breakout above the 2900 resistance. Boiler bands closing in, MA's and RSI looking good, overall trend is bullish and still a week until the 1st of August.
Note
2700 and downtrend resistance broken, looks like a goNote
2770 i meanNote
2773 and downtrend resistance broke through twice by a fraction before breaking through support but holding strong at 2650. Still almost a week until aug 1. Could be low risk entry for a long trade with a stop/loss at 2599. Could also wait for 2700, 2775 or 2800 resistances to break.Order cancelled
Support and stop.loss area broken
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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.