Long

BTC is likely to push up from here

Updated

- Bullish Wedge
- Daily Regular Bullish Divergence
- Huge Short Sentiment (Contrarian positioning)
- Previous Price Reversal Point

** Note I did say 'risk what you cant afford in the video, obviously I meant only risk what you can afford **

Note

- Look for the break upto 5800.

Note

Looking for the impulse above the 200 or the breakdown through

Note

Hope you enjoyed some profit out of the move upto 4k. Look for the break of the current squeeze for a continuation above 4k. Loose Inverse H&S Formation provides a potential upside as does the short term formation after the Bullish impulse.

Note

Pushing up will will open the door for the extended retracement up-to the 5800 - 6k threshold at the 161.8 extension.

Note

- Bullish pattern forming, this is a TP area so make sure you take some good profit out. Market seems to be gathering momentum for the next move.

Trade closed: target reached

Tethered out at the rejection. Trade complete for now. Hope you guys took some profit out.

PardoFX_Trading

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