BTC long entry 4h

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
303 1 5
Good chance to enter long with good risk reward
Price left the down channel and retestet it after. ema50 was additional resistance which got broken too.
Buying the dip near the lower line of the purple channel has a good risk reward .

seems like the channel needs some adjustment. the dip inbetween was not planned. anyway btc was friendly and gave another solid long entry chance.
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