Bitcoin
Long
Updated

BTCUSD IS CREATING A BULLISH TREND IN CHANNEL

409
Hello Followers I am going to publish technical setup of BTCUSD , So share your opinion in comments about my analysis..

BTCUSD is now respecting the parallel channel very well, BTCUSD has spent much time in sell now it will rise again and will reach to the mentioned targets in chart, BTCUSD is now near the support area, According to me BTCUSD will go for long till the first target and if it break this then will reach to the second target.

KEY POINTS:

CURRENT PRICE 104200
SUPPORT AREA 103800/103300
FIRST TARGET 105500
SECOND TARGET 107100
Trade closed manually
BTCUSD has reached to the first target successfully my followers , our first target was 105500 and BTCUSD has reached 106000 successfully, lets close this manually.

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