#BTC - THE BULLS ARE BACK IN TOWN. 55k Incoming 2 x 4 hour Bulls
Updated
4 Hour Chart Analysis -
Entry - Current Price $49730
Stop Loss - $48400
Exit - $55700
Leverage - 10 x
Risk to Reward - 4.31 to 1
The Bitcoin Bulls have woken up! 2 x 4 Hour Bull Divs in the Daily Order Block Support Zone.
Bulls will look to take control from here and push to 55k regions where there is a cluster of 2 x weekly order block resistances.
We are Getting some bullish price action along with these strong Bull divs.
We have 2 x double bottoms, SFP Reversal Pin overextending support and closing above.
Best Of luck! Let me know your thoughts in the comments below
Entry - Current Price $49730
Stop Loss - $48400
Exit - $55700
Leverage - 10 x
Risk to Reward - 4.31 to 1
The Bitcoin Bulls have woken up! 2 x 4 Hour Bull Divs in the Daily Order Block Support Zone.
Bulls will look to take control from here and push to 55k regions where there is a cluster of 2 x weekly order block resistances.
We are Getting some bullish price action along with these strong Bull divs.
We have 2 x double bottoms, SFP Reversal Pin overextending support and closing above.
Best Of luck! Let me know your thoughts in the comments below
Trade closed: stop reached
420Fam
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