BitcoinLong
Trade idea: Long BTCUSD (Upwards Breakout of Descending Channel)
BTCUSD: Upwards Breakout of Descending Channel (please see 30min timeframe screenshot).
In Bitcoin, we see a breakout of the descending channel upwards, a classic one, with a pullback (rollback) of the price to the broken boundary.
Trade Idea:
Long BTCUSD from current price levels (~96,250);
Stop loss below 93,500;
Take Profit about or below 100,600.
Best Regards
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BTCUSD
BTCUSDT
In Bitcoin, we see a breakout of the descending channel upwards, a classic one, with a pullback (rollback) of the price to the broken boundary.
Trade Idea:
Long BTCUSD from current price levels (~96,250);
Stop loss below 93,500;
Take Profit about or below 100,600.
Best Regards
--
BTCUSD BTCUSDT 
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.
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.