Looking at our highest timeframe we see price has remained quiet. Horizontal & Dynamic support being respected. Momentum is starting to build up, although price has remained below $9,500. A daily close above $9,400 activates our trade.
4Hour
Shifting over to our pattern timeframe we see price has finally broke out of its aggressive downtrend and closed above $9,300. Trade Active. Next Entry: 4hour close above $9,700 activates next trade. Stochastic RSI showing momentum is bullish.
Coin: BTC
Exchange: Coinbase
Buy: $9,300
Target 1: $10,000 (+7%)
Target 2: $11,500 (+23.5%)
Target 3: $12,000 (+28.7%)
Stoploss: $9,000 (-3.5%)
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