Simple straight forward falling wedge breakout trade given the absolute low volatility at the yearly and multi month block supports for BTC makes it a perfect Risk:Reward setup.
Take profit points : 3750 3850 4100 4250 4400
Take profit points : 3750 3850 4100 4250 4400
Trade active:
Falling wedge breakout.
Comment:
Stop moved to 3600 while partial profits taken around 3700 resistance rejection.
Trade active:
3850 reached. Next 4100
Trade active:
Target 4100 reached. Next target 4200, however a retracement might be likely.
Trade closed: stop reached:
Trade stopped out at 3995
Highly profitable long venture.
Highly profitable long venture.