Long position opened on BTC

I have opened 2 long positions on BTC after identifying momentum loss on a key support region and long term descending trend line, that BTC had broken to the upside on 26th of October and had now returned to retest. I am taking this position purely on a technical basis due to good Risk to Reward, I will look to take profit at the upper end of the channel and aim for a breach higher to the 9.1k region.