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UnknownUnicorn6632616

BTC: RIDING THE RISING CHANNEL ON WEEKEND?

Long
Bitcoin Perpetual Futures (FTX:BTCPERP)  
UnknownUnicorn6632616 Updated   
FTX:BTCPERP   Bitcoin Perpetual Futures
Chart Patterns BTCUSD
11
2
chartpattern btcusd

* Rising channel can turn to bearish one at some points or in the end. However look at the 3 white arrows we all see how bulls defending the pivot 9500 last 24 hours and even no 1H candle can close below 9500ish.

* Some top alts also found their support and start bouncing. Personally, as long as no LL forming, Im on the bulls side and will take this risk to ride the rising channel over the weekend for a RR of 4.x

Have a nice weekend guys, and dont forget to "Like"!
Comment:
Bingo! SL in profit and trade almost done. Nice scalp.
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