BitcoinLong
BTCUSD targeting 108000 on the next leg up.
Bitcoin is trading inside a Channel Up, having just rebounded on the MA100 (4h).
In the last 2 months, it accumulates on the same pattern, a Falling Resistance bottoms on an Arc and when it breaks, a rally delivers a new High.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 108000 (dashed trendline).
Tips:
1. The RSI (4h) gives a very clear buy signal when it breaks 35.00. Currently that shows that we've already bottomed.
Please like, follow and comment!!
Notes:
Past trading plan:
In the last 2 months, it accumulates on the same pattern, a Falling Resistance bottoms on an Arc and when it breaks, a rally delivers a new High.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 108000 (dashed trendline).
Tips:
1. The RSI (4h) gives a very clear buy signal when it breaks 35.00. Currently that shows that we've already bottomed.
Please like, follow and comment!!
Notes:
Past trading plan:
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