Here's a quick look at BTC 2h chart. As we can see, the price has printed a rising channel and is right now breaking out! 10 green daily candles in a row on the USD pair - last time we saw that, was back in 2017!! And now combine that with the price closing above the 200 daily EMA . There's a lot of upside to come if the price holds the current level!
The best entry would be, when the price breaks above the rising channel with good amount of volume . Keep an eye on this setup. ------------------------------------------- The idea is: Buy the breakout from the rising wedge and take profits at the levels shown in the chart.
Targets: 1. 43.3k$ 2. 45k$ 3. 47k$
- Profits can also be taken in the resistance zone . ------------------------------------------- If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.