Tolberti

Bitcoin BTCUSDT - Parallel ascending channel + New ALL TIME HIGH

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
- This is a valid ascending channel on the 4h timeframe.
- As we can see, we have 4 touch points.
- ALL TIME HIGH Resistance is 64 800 USD, which is actually very close.
- The rising wedge broke to the upside recently and successfully tested the structure.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
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.