Long BTC
Updated
Simple straight forward falling wedge breakout trade given the absolute low volatility at the yearly and multi month block supports for BTC makes it a perfect Risk:Reward setup.
Take profit points : 3750 3850 4100 4250 4400
Take profit points : 3750 3850 4100 4250 4400
Trade active
Falling wedge breakout.Comment
Stop moved to 3600 while partial profits taken around 3700 resistance rejection.Trade active
3850 reached. Next 4100Trade active
Target 4100 reached. Next target 4200, however a retracement might be likely.Trade closed: stop reached
Trade stopped out at 3995Highly profitable long venture.
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.