BULLISH WEDGE CONFIRMED " BTC COILED and consolidated"
With a move upward we will see a challenge of previous high. Once neckline is broken expect the bears to jump on board and wait to short at 4200-4400.
I am going long in the 3800's
75% take profit set at 4175
25% take profit set at 4400
also setting a stop-loss at 3650/ if it breaks below this it will break the rest of the way to 3200 in a hurry.
I am going long in the 3800's
75% take profit set at 4175
25% take profit set at 4400
also setting a stop-loss at 3650/ if it breaks below this it will break the rest of the way to 3200 in a hurry.
Trade active
Keep in mind, be ready to have another long in order once targets are reached. There should be a retrace however the chart pattern once this move completes does give BTC a shot at 5000-6000 depending on if we are able to hold and consolidate 4200-4400
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