Simon_Weber

BTC/USD LONG TRADE IDEA

Long
BINANCE:BTCUSD   Bitcoin
4H Time Frame ⏳

➡️ Bitcoin has this channel in 4h time frame.

➡️ The bottom of this channel is the support of bitcoin (≈45,700), If price react to it then we can see another top which is around $50,000

➡️ But also there is a double top pattern and if BTC lose this channel then price corrects to $44,000.

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.