"BEARISH PATTERNS DON'T PERFORM WELL IN BULLISH CONDITIONS" - After bears failed at pushing the price lower, the daily time signature is drawing a crab pattern, with the PCZ (pattern completion zone) near $2400. Due to the lack of resistance in this area due to price discovery, the next psychological target for this is $2500. As long as the macro (BTC) stays bullish this is a great trade opportunity.
Entry: based on risk tolerance
Profit taking area: based on risk tolerance, $2500 being the psychological target.
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