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BTC/USDT | Potential Upward Movement πŸš€πŸš€πŸš€

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BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC/USDT | Potential Upward Movement πŸš€ πŸ”¨
Technical Analysis:

The bitcoin price is trading inside a bullish ascending channel formation which shows that we are in a clear uptrend. A lower correction might be seen soon to the area of confluence. This zone is made of a daily support and a 61.80% Fibonacci retracement level. After the bounce at this area, we could see the price rallying upward again.
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Trade Idea:

Buy Limit Order @ 57764
Take Profit @ 59608
Stop Loss @ 56961

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