Hello guys,
Still on same view, i believe BTC has much tendency of breaking up because all the setup signals to Bullish breakout.
Patterns spotted are:
Bullish Flag and Pole
Inverse Head and Shoulder
Symmetrical triangle
RSI in potential Inverse HS.
Note: Its very likely we see final test on 6100$ zone before major breakout will occur or we can just breakout right away from the Inverse Head and Shoulder pattern.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: Possible Support LEVEL
GREEN: SELL TARGETS
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Thanks
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.