BTC had broken out of the bullish descending wedge and completed successful backtest in lower TF. Is that the start of a new uptrend since we have yet to see the real parabolic melt up ?
Note
52k is the level to watchNote
How BTC reacts with the previous peak in region of 52K will determine the direction going forward....it's make or breakNote
52k broken !!! Now we see if BTC can sustain the move upwardsNote
BTC chart has now evolved into an inverse H&S pattern with neckline again @ 52k. 52k is an important level to watch and 3rd time is a charm !!!Trade active
Broke out :) Price objective in the region of 61kTrade closed: target reached
Target 61k reached :)
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.
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.