Anything tied to crypto is all looking bullish. This ETF from Fidelity Is coming around very nicely. Nice curve with consolidation on support. With Bitcoin sliding its way up Im i would expect theses to follow Im looking for a target around 25 for the short term. Im not all the way sold on a bullish BTC yet but these etfs are a nice way to benefit from btc and cryto rallies
Trade active:
This trade played out picture perfect. With the RSI Showing bullish divergence and you can see the db on RSI. The 20 level on Rsi we can see has become a static support level. MACD signaling buy is just added confluence to the long set up. I hit my first target at 25 taking partial profits a little early @ $24. Id like to see a pull back to the $20 level for a possible re entry.