Nearly two years of accumulation and a breakout presents a very favourable outlook.
The recent market structure has been tested and showed support. When viewed on a higher timeframe this $310 - $330 range can be viewed as monthly support going back to 2017.
The macro-environment in crypto is very bullish. Will take a long if $366 looks like it's going to hold.
Entry $368
Target $452
Stop $337
RR= 2.93
The recent market structure has been tested and showed support. When viewed on a higher timeframe this $310 - $330 range can be viewed as monthly support going back to 2017.
The macro-environment in crypto is very bullish. Will take a long if $366 looks like it's going to hold.
Entry $368
Target $452
Stop $337
RR= 2.93