Bitcoin
Long

BULLISH SET-UP BTC

81
BULLISH SET-UP BTC


FOR BTC bullish confirmation

No. 1 - BTC needs to break this yellow trend line resistance
No. 2 - BTC need to hold red line support at 8550.5 region
No. 3 - BTC need to make a first higher low's possible area at 8659 region after a breakout pullback
No. 4 - Break out of this fallen wedge pattern(textbook bullish sign)
No .5 - BTC needs to trade above 50 MA in 4H TF and acting as support.


Target for long 9000-9400 region.


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.