CryptoIQ

$XBT/USD (Bitcoin) Long

Panjang
BITMEX:XBTUSD.P   Bitcoin
Entry: $4047
Stop Loss: $3919
Target: $4345

Keeping it simple with the BTC long - buying the previous level of resistance that was holding price down before the breakout. This level also coincides with the OB that sent price crashing down in January (shown in green)...
Looks like we will continue upwards based on the strength and structure of this rally, also I don't think we will come this high up and not sweep the stops at least at the equal highs designated by the black 'x's
Target will be at the big OB resistance shown in red (that's a daily level)
Penafian

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