Bitcoin
Long

Bitcoin Ascending Triangle Bull Break

113
#BTC/USD
Exchanges: BitMEX
Signal Type: Regular (Long)
Leverage: 3

Entry Zone: 8800-9200

Take-Profit Targets: 10000-10750-11750-12750-14000

Stop Targets: 7900


Reasons for Trade
-Bullish Daily rsi
-Bullish Macd
-Upticking Histogram
- Bull break on ascending triangle


Target:
- Fib Trend Extention 2.618
- Move Stoploss to breakeven at first Take-Profit.



Looking at this Daily chart, I'd have to be crazy not to take this trade too. Most Importantly I will control myself and manage my risk accordingly.

On the 15min we can also see an bull break on a triangle which is currently testing the break.
snapshot

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.