Tmoran

BTC Entry Reward to Risk 4.5:1

Long
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Bitcoin is forming an ascending triangle . Entry can be placed safely above the triangle's top @ 17750.

First target is just below psychological level 20K.

Second target is around the Fib extension .

When the price reaches each of these targets the consolidation and reversal risk increases so pruning risk is advisable.
Comment: We are pressing o the 18k sell wall. If that gets bought through or taken down, we should se another period of rapid advance.
Comment: Sell wall down.
Comment: First target Reached 19750

Comments

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