Bitcoin Trading Setup 29-08-2021


Bitcoin price has start to recovered from this year low of around 29k, in the weekly chart using Sywa Trading Channel setup; Bitcoin price is breaking the weekly Upper channel Moving Averages.

 Bitcoin Weekly Trading Setup

Psychological Price level is at 50k, if price push through and hold 50k level there is a good chance it will break to 52k.


In summary :

Trading Position : Buy

Trading Target : 52,900



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