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Ross Givens

Stock Trader & Educator

BTC One hour near bottom of channel

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BTC One hour near bottom of channel by JoshuaMartinez on TradingView.com

The BTC one hour time frame is in an up channel .
The market is near the bottom of the channel but
is still below the short term down trend line . It
will be a good idea to wait for the market to break
and close above the short term down trend line
before looking for long ideas.

Entry: Counter trend line break bullish above
the bottom of the channel.

STOP: In the sell zone

LIMIT: 47785

Once or if the market enters into the buy zone.
It will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long opportunities.