BTC would try to break 5.5k and then would fall to 4.6k

We are long on BTC till 5.5k as it appears it might try to break it again and would fall to 4.6k. All this should happen till last week of April and 1st week of May.

Trade ist aktiv:

It is still active and honoring the range. Here is what we see on 1H on BTCUSD. Still honoring the 4.9k support well.

Trade geschlossen: Ziel wurde erreicht:

BTC is moving as we expected. We would expect it to test upper boundaries on the channel and then fall back to 4.3k.