BTC break-up possible confirm DONE!

Long

Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)

Updated

BINANCE:BTCUSDT.P Bitcoin / TetherUS PERPETUAL CONTRACT

trendanalysis chartpattern btc btcusdt btcusdtperp btclong btclongterm bitcoin bitcoinforecast

After a 1-year of down-trend bitcoin had a break-up on parabolic trend. Now it is all about if it's gonna hold on confirmation or not. Confirmation band is between 16500-16700. Any scenario of btc holding the price over 17300 is a good sign of trend-reversal.

Trade active:

BTC giving signals on holding the price around 16700. With a close stop-limit on 16620 long position is available. tp1:17075 tp2:17350 long term target: 18800. NTA!!

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