amirhemo

BTC - BITCOIN TA

Long
BITSTAMP:BTCUSD   Bitcoin
Hi guys it’s amir, just wanted to update you about BTC and why I’m bullish on it. I’ll keep it simple and short this post. We have support and resistance and trend lines as you can see on the chart. We broke up the channel down/falling wedge and came back to retest the wedge which fits perfectly to the support at 60,169 and 0.618 Fibonacci retracement, that’s enough confluence for me for a reversal moreover we have bullish bat pattern (purple lines) so yeah I will definitely take the trade with tight stop and tbh I won’t TP at the next resistance at 65k but 62-63 would be more optimal.
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