RichardJordanTA

Possible BTC Long Opportunity

Long
CME:BTC1!   Bitcoin CME Futures
BTC is appearing to be holding support at a known u-turn level. The market price is in the upper register of the consolidated range and appears to be holding the main upward trendline angle. As long as the market price stays above the main trendline, there may be an opportunity for a bullish entry.

Entry : One can enter now if they choose , but it may be a good idea for the 1 hour candle to close above the trendline with a bullish candle.
Stop Loss : 38825
Profit Objective : 40095

As always, this is for educational purposes only.
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