This is brand new to Binance and was really hyped. Then the crash. It’s hard to judge this with the limited price history, and the descending line could easily be moved further left to signify multiple breakouts. That said, as drawn we haev a clear breakout and retest as support. If Bitcoin continues to rise, this has a great chance to climb and eventually make new highs. This is a swing trade, longer term play. Stops comfortably below the recent lows at 3801 in case of a wick down there.
scott.melker@texaswestcapital.com