Bitcoin is still on the upmove and holding its potential weekly bottom level of 24920. Price structural level of 24756 on the weekly timeframe is still holding and has not been broken yet to give a trend change. Next level for BTCUSD to break through for further strength to the upside is the last swing high level at 28142 as in image above. We have entered this trade as per our previous post on 4h confirmation bar on a reduced risk(Refer to image below).
Trade order details
BTCUSD(Long)
E - 26086 SL - 24919 T - TBC
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
To understand our ideas and videos better,we highly recommend watching our following stream videos: