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Trade Idea: An ascending triangle is forming on bitcoin cash. This triangle is visible on the 1H to 4H charts. I am longing this area with hopes of a breakout. I suggest to enter half now and add another half if the upper resistance zone (blue box) is broken
Reasons for trade:
1: Ascending triangle
2: Markets look bullish
Trade confidence: 6/10 (before resistance is broken, 8.5/10 once the resistance is broken
RR: 10.09
Trade Idea: An ascending triangle is forming on bitcoin cash. This triangle is visible on the 1H to 4H charts. I am longing this area with hopes of a breakout. I suggest to enter half now and add another half if the upper resistance zone (blue box) is broken
Reasons for trade:
1: Ascending triangle
2: Markets look bullish
Trade confidence: 6/10 (before resistance is broken, 8.5/10 once the resistance is broken
RR: 10.09
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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.
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.