BTC long, don't overthink
BTC pumping atm with everything thats going on from senate bill, DXY breaking up to evergrande is fishy as hell.
I'm pretty bearish in general and convinced this wasnt the low yet for BTC.
But I'm not going to overthink it, the setup is too good.
Ascending wedge breakout attempt #1, grinding on the pitchfork downtrend channel's outer edge.
I'm not going to be greedy, taking profit at local orderblocks.
I'm pretty bearish in general and convinced this wasnt the low yet for BTC.
But I'm not going to overthink it, the setup is too good.
Ascending wedge breakout attempt #1, grinding on the pitchfork downtrend channel's outer edge.
I'm not going to be greedy, taking profit at local orderblocks.
Note
Pump itNote
Sit tight amigo's, we will hit it.Note
There are big order blocks around 58.5k, i'd be careful holding through it. We might poke though it but i expect quite a reaction there.Trade closed: target reached
GG WP followers!MASSIVE WIN
Note
Ill update the state of BTC in another analysis. I might be looking for a short entry after breaking 58.5k for a retrace.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.