BTC Breaking OUT!!

٣١ يوليو ٢٠٢١

Here's a quick look at BTC 2h chart. As we can see, the price has printed a rising channel and is right now breaking out! 10 green daily candles in a row on the USD pair - last time we ‎saw that, was back in 2017!! And now combine that with the price closing above the 200 daily EMA . There's a lot of upside to come if the price holds the current level!

The best entry would be, when the price breaks above the rising channel with good amount of volume . Keep an eye on this setup.
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The idea is: Buy the breakout from the rising wedge and take profits at the levels shown in the chart.

Targets:
1. 43.3k$
2. 45k$
3. 47k$

- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!