BTC may be climbing up along the steep trendline.
Watch aqua color, yellow and green lines, plus the bottom line of the rising wedge (red).
These are the supports.
Based on the Elliott-wave scenario of the related ideas.
Consider another short entry if the support lines are broken.
Note
Yellow resistance has finally been broken.Please take a look at a new idea below.
Because of the IHS structure, shallow SLs would be recommended.
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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.