Btc: Can we expect another push to 7.4k?

16 apr 2020

Currently the majority are sitting in Usdt or Fiat unsure of where to enter with this high volatility, here's what i think is next for Btc!

If you are not in my discord channel here's my last 2 calls on Btc:

- Short from 7 180, take profits around 6 680 & 6 480 (Completed);
- Long from 6 480, take profits around 7 150 & 7 400 (Tp1 hit);

1. The Bull Flag breakout

We are currently breaking out from the Bull flag i have been watching over the last 2 - 3 days, this means that the trend is now switching to bullish once again on the 4h timeframe.

We can also see that many indicators like Macd & Rsi have flipped bullish, it should give the fuel to Btc to continue is rise here.

2. So now what's next?

Here's my personal trade idea:

Risk:5%, Leverage: x10 - x25, Medium Risks

Long: 6 935 - 6 955 (You can add a extra order around 6 850)
Sl: 6 810
Tp1: 7 150
Tp2: 7 270
Tp3: 7 300

If you want to follow our play, feel free to click on the link below!