Hello,
In my previous analysis, I was looking for a potential retest from falling wedge's breakout or a breakout through the ~$43k zone.
Considering the buying interest lately, there are more chances to have just a short pullback and to break the $43k resistance even faster than we expected, and only then to reconsider the confirmation of the breakout at around $37k.
It's a game of patience,
Take care,
St.Gex
In my previous analysis, I was looking for a potential retest from falling wedge's breakout or a breakout through the ~$43k zone.
Considering the buying interest lately, there are more chances to have just a short pullback and to break the $43k resistance even faster than we expected, and only then to reconsider the confirmation of the breakout at around $37k.
It's a game of patience,
Take care,
St.Gex
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Related publications
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.