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Trade Idea: An ascending triangle is forming on bitcoin cash. This triangle is visible on the 1H to 4H charts. I am longing this area with hopes of a breakout. I suggest to enter half now and add another half if the upper resistance zone (blue box) is broken
Reasons for trade:
1: Ascending triangle
2: Markets look bullish
Trade confidence: 6/10 (before resistance is broken, 8.5/10 once the resistance is broken
RR: 10.09
Trade Idea: An ascending triangle is forming on bitcoin cash. This triangle is visible on the 1H to 4H charts. I am longing this area with hopes of a breakout. I suggest to enter half now and add another half if the upper resistance zone (blue box) is broken
Reasons for trade:
1: Ascending triangle
2: Markets look bullish
Trade confidence: 6/10 (before resistance is broken, 8.5/10 once the resistance is broken
RR: 10.09