Position : Long
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This chart represents the price action of Bitcoin (BTC/USDT) on a 4-hour timeframe as displayed on chart. The chart highlights a breakout and Falling Wedge above the upper line, indicating bullish momentum for us.
hope you can see another Ema Ribbon indicator which is giving us another bullish signal for BTC. The price is slightly above the EMA Ribbon. If it maintains this position, the ribbon will continue acting as support for further upward movement.
Trade Setup:
Entry: 93,550 - 94,645
Target Price: 96250 , 97556 , 98,650 102,500
Leverage:5x
Stop Loss: 91543
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