BTCST | CHANNEL BREAK

BTCST has been i the descending parallel channel for quite some time. bulls tried to break the channel on the upside but failed in the previous 2 attempts. Currently there is a hammer formation on the 4H candlestick pattern so we can assume that this time bulls will be taking dominance to break the channel for the minimum target of 6. Keep protection below 5 though.

Risk reward ratio is good in this trade.