Short term Long play in Bitcoin, Buy $47777

By TraderGG100
Many reasons to take a long trade within the next 7 hours.

1. TD daily set up support line at $47500
2. 12 Hourly TD 9 buy set up ( current candle until 7 hours)
3. Weekly 20 Ma support at 47500
4. Fear sell off resulting in futures premium reduction and brief backwardation - mostly a bullish buy signal


Like previous trades only aiming for 5-13% gains

Happy trading
Technical Indicators

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