Bitcoin / TetherUS
Long

Bitcoin Bullish Pennant

152
Bitcoin holds the 50EMA as a strong support zone on a daily time frame, as we can see in the white boxes.

Currently Bitcoin recovers from the 50EMA and is trying to form a Bullish Pennant

It can be a good time to scale up as Bitcoin is expected to target 10,400 - 10,800 levels now.

As a stop loss, keep a strict stop loss which will be slightly below the 50EMA on a daily time frame

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