Bitcoin LONG trade on 1H chart based on the support resistance,
for last couple of trades, BTC's both support and resistance got rejected multiple, however we can see a strong support compared a weak resistance. If the price continues to play like this we can see a sudden jump in the bitcoin Price.
BTC entry: 26950 - 27000
Stop Loss: 26686
Take profits at 27289, 27472
move the Stop Loss to breakeven once the price moves up signifcantly, we will update when we move SL to BE. follow us to get notified on any new updates on this trade.
Yours!