BTC Weekly range long setup

24 בינו׳ 2022

BTCUSDT

Bitcoin is currently bouncing up but I won't jump into trades now because I think bitcoin is in a weird spot right now. I think we can definitely see a drop back down to the 2021 yearly support of 32 - 29k This is the place I would long. I would place a stoploss below 29k incase we break the yearly support and take profits in the range midpoint at around 43 - 46k