VaidoVeek

BITCOIN | Bullish Price Action

Long
COINBASE:BTCUSD   Bitcoin
Hi,

Got a pretty good confirmation from a 4-hour chart to call out a possible "BUY" opportunity. A strong breakout from a short-term descending channel, which gives us a good and clean entry area for longs.
The timing is not the best (Sunday evening GMT +3) which doesn't give us a lot of volume, but still worth taking a shot.

It becomes invalid after the price falls lower from the previous 4-hour bullish candle:

Regards,
Vaido

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