Are You Ready To Fly ? (Weekly Chart)

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
BTC is developing rounded bottom here,
This is high potential reversal and it can hit 16k levels.
Setup on chart, easy long with tight s/l.
Trade active
Trade active
Trade closed: target reached


The first time the brice broke out of the wedge, it didn't even do a higher high. How do you reach the conclusion that this time it is gonna make an ATH ? I am genuinely curious, all I can see is a bearish continuation.
+1 Reply
BatRat fredrechange
@fredrechange, Hey, actually i don't expect new ATH, but we can make new High for 2020. As you see in chart we have very tight stop, becoz if we break blue-dashed trendline it will invalidate our chart.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out