CollegeofPips

Bitcoin Might Be Launching Its Rocket Soon πŸš€πŸš€πŸš€

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
πŸ’‘ Trade Idea

πŸ“ˆ Buy Order BTC/USDT @ 51740.47

🎯 Target Profit 57216.49

πŸ›‘ Stop Loss 49029.29

❌ Do not risk more than 1 % of your account on each trade

πŸ™‚ Good Luck !

Description:
The price in a clear uptrend, and managed to break the wedge formation to the upside. We are in the 5th wave formation as per Elliott Wave Structure. Now the price is bouncing on the 50695.75 level which might cause a move upward to the 57216.49 level.
-------------------------------------------------------------------------------------
Please press β€œLike” if you appreciate the trading idea πŸ‘
β€œFollow” for more trading ideas in the future πŸ‘€
β€œComment” below to share your thoughts with us and other traders πŸ‘₯
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by β€œcollegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️

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.