Per my post last night and earlier today, I was looking for a bullish resolution to the BTC pullback. After the leading diagonal for 1, I was looking for a very deep retracement in 2, then a confirmed breakout which we just got. I'm now long BTC
Trade active
Typical breakout, then retest, now next key resistance lies around 11,500. Should it clear the dashed yellow line, then it's like off to the races once againNote
The bullish resolution continuesTrade active
Inverse head and shoulders pattern awaiting confirmation with a break up through the neckline. Once confirmed the target stands around 13,500
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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.