Bitcoin on the 1H time-frame.

BTCUSD on the 1H time-frame.
Steps:
1. The price created the higher low and breakout the previous high to confirmed the reversal pattern.
2. The price hit the target at the resistance line (previous high) after that pullback to the trendline.
3. If the price stand on the trendline and can not breakout that mean an uptrend still working.
4. TP1: 39910 and TP2: 40995 accordingly.

Kommentera:

Above was our trade ideas last week and once the price already breakout the resistance
and is now going all the high at the TP2: 48408 and the next target price by Fibonacci extension is 57xxx