BTCUSD Potential for Bullish Continuation| 26th August 2022

On the H4, price is still ranging within the bullish channel signally market mixed sentiments. Price broke 21608.76, we're looking for a pull back buy entry at 20853.52 to take profit at 22488.32 which is the previous swing high and 38.2% retracement and 61.8% projection. our stop loss at 19250.84 where the previous swing low sits. Alternatively, if price breaks the channel into bearish momentum, we're looking to sell at 20817.49, take profit at 19250.84 and stop loss at 21608.76

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