Bitcoin / TetherUS
Long
Updated

Bitcoin ready to break 25k?

Chart is simple. The latest bearish trendline and 23300$ resistance is broken with a good volume.
DXY is at an important resistance.
Good Risk to Reward for entering long considering 22700$ as the stop-loss and 25000$ as the target (or even higher!...).
Trade active
The 23300 resistance is now retested as support. Still a good place to enter for long.
Trade active
Supported again at 23200. Still good to go.
Note
After a lot of struggles, now 23600 resistance is now retested as support. If it can hold the support It is a very good sign for going higher.
Note
snapshot
Trade closed: stop reached

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