Long

Updated

BTC - wedge breakout

Bitcoin should soon break out of the wedge, I am leaning towards the bullish breakout. Here is a scenario with a close stop.

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Keep in mind that 8018 is still possible, so I am keeping some orders there in case of a spike down, but overall.

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Something like that would be perfect

snapshot

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Here is a bullish EW count

snapshot

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Trade never came... although this seems like a great area to scale in at 0.2 fib

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Also on:

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.