NajjarTrading

BTC BACK TO 50K

Long
POLONIEX:BTCUSDT   Bitcoin / Tether USD
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If you have been looking at my previous ideas, you should know that I believe BTC will drop again to early 40s and even 30s before we see a continuation and break above ATH.

However, for now, I see a descending channel that should break to the upside, we should reach our targets
48k
49k
50k

Our 50k psychological level is our main concern, we couldn't break and close above it on the daily time frame, if we reject it again, we may see a big drop as mentioned earlier, I will update you as always.

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What do you think?

Good luck traders,
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Not financial advice
Manage risk and leverage
DYOR

NajjarTrading

Comment:
Target one hit
Trade closed: target reached:
Last targets hit
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