Bitcoin touches the bottom of the channel

Jul 14, 2021

In my last call I said that if bulls break the top of the channel at 32.800 it would be an entry point. But the opposite happened, bears showed they’re in full control and made a huge pull back, but it respected the bottom of the channel, so That’s a good entry point with clear target and clear stop loss.
Entry:31.800
Stop loss:31.400
Take profit:32.200/32.400/32.800