Channel & Triangle Breakout "Long Bitcoin" BTCUSD

Bitcoin BTCUSD is looking like there is stochastic momentum and triangle & channel breakout that is currently happening. Starting to see the breakout happening right now. I am looking for a slight breakout on the hourly stochastic. The hourly chart and overall trend is still bearish. This is a trade on the hourly time frame and might rotate back down once the hourly stochastic gets overbought again

Zlecenie aktywne:

It looks like the stochastic broke out of the coil stochastic set up and the hourly stochastic is still positive. The chart is still set up in a bullish manner

Transakcja zamknięta: osiągnięto wyznaczony cel:

This was an hourly time frame trade set up. It performed how we wanted it to and now the stochastic is overbought, the trade set up has been reached.