Yung_Crypt0

$BTC grinding it's way up

Long
Yung_Crypt0 Updated   
COINBASE:BTCUSD   Bitcoin
$BTC bounced off the bottom of the wedge right through a supply zone and then broke through the top of the wedge and is now consolidating between 11.1k - 11.4k. Also, notice how $BTC went back to test the top of the trend line, tested it as support, and bounced right off it confirming the break and also confirming the trend line as support. So if you want to enter here you have an easy stop if you want to be conservative, if you're feeling dangerous than another stop could be under 10.5k or just under 9650.. If we break 9650 than I think we're headed to 8800 or lower.
Comment:

Looks like we're also at the top of this channel trying to break out
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.