Bitcoin / TetherUS
Long
Updated

BTCUSD Long

260
This crypto coin has been forming a falling flag for the past few weeks since it hit its ATH. Currently, the price has re-bounded from the lower support line, and I anticipate that the bullish trend might continue till it hits a very strong support zone at 70700.

My entry is at 65600, SL at 62800 ,and TP at 71000. My R : R for this trade is 1 : 2.

Kindly remember to risk 1 - 3% of your account
Trade active
It is active!

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.