EthanTW

BITUSDT - Good entry position!

Long
BYBIT:BITUSDT   None
BYBIT:BITUSDT
1H trend chart
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After an amazing surge, Bit is converging as a descending triangle right now.
If price can break out the upper downtrend line, trading strategy as below.
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Profit Targets:
a) 2.495----Fib(1)
b) 2.683~2.759---Fib(1.272~1.382)
c) 3.186-----Fib(2)

Stop losses:
a) 2.122-----(Red horizontal ray)
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