Anpu

BTCUSD | Has Broken the Channel

Long
COINBASE:BTCUSD   Bitcoin
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Initiate Long.

Entry - 9678.92
TP - 10512.20
SL - 9421.73 (please consider putting your stop-loss lower if it fits your R/R ratio)

Reason: Price has broken the Channel's resistance. Also pay attention on how price charted from one range to another with three white soldiers. I think we have an accurate uptrend. However the price can take one more correction, so you can consider an entry on a breakout of 9.700$ level.

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.

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