BitcoinLong
XBT
XBT broke the steeper short term trendline, but A bullish engulfing on the next candle indicated a fakeout. The bounce off the flatter longer term bullish trendline gives confidence it may be on the up. I've set my stop loss below the trendline, with a TP at previous structure.
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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.