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ThinkForYourself
Jan 10, 2022 2:47 AM

BTC Moving to the upside! Long

Bitcoin / DollarBitfinex

Description

So... BTC broke out today from the bullish wedge, and currently, we are testing the support line of the wedge.

If the relief rally wants to get a chance 41.500k must hold. We need to bounce pretty much right now.

This is also an interesting short-term trading opportunity with the following settings:

1/ ENTRY: 41.700
2/ SL: 41.200
3/ TARGET 1: 42.700
3/ TARGET 2: 43.540

... so here is a trade with a pretty decent risk-reward ratio.

Good luck.

Trade active

So far so good.
Target #1 reached
Target #2 approaching target #2 soon.
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