BTC price is creating an ascending triangle inside an ascending channel supported at the golden ratio of 0.618. That in combination with the CME gap at upped 9K ranges creates a case for a LONG position as shown in the diagram. Keeping a tight stop-loss under previous support, makes this a low risk higher reward play. We are currently entertaining this position.
Happy Trading :)
Happy Trading :)
הערה:
First Take Profit target hit, moved stop-loss for the rest of the position in profit ($8880) :)
עסקה סגורה: היעד הושג:
Target Reached 9.29K and total position closed.
Smart Crypto Association [ SCA ]
