Habib0601

BTC new channel

BYBIT:BTCUSD   None
BTC broke out to the upside of the triangle yesterday but formed another swing failure pattern with the 40.9k daily level.
Now BTC formed a parallel channel, if we break to the downside targets are still the same, same for the upside.

PS : Here is a good place to long for a move back to the high of the channel, with a stop below the trendline.

Any questions?

Good luck traders
Remember not to break your rules

Habib
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