Bullandbeartrading

BTC/USD Trade Idea

Long
BITSTAMP:BTCUSD   Bitcoin
Hello and welcome to my Trade Idea of the currency pair BTC/USD.

Let's start with the reasons why the chart is bullish for me:


Technical analysis: A bullish pennant pattern has formed on the m15 timeframe.
The price has closed above the h4 key level.
The price also reacts perfectly to the lower pennant trendline.

Timeframe: 15m

Direction: Long


Have a nice day.
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