Daily chart appears to bullish overall, and I'm confident the retrace is complete, after bouncing off the monthly pivot level. Jumping over to the 4hr chart to get a good solid entry.
There will be some obstacles ahead to confirm the bullish trend continues but for now it's looking promising.
There will be some obstacles ahead to confirm the bullish trend continues but for now it's looking promising.
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Possible bearish scenario - if we fail to break trendline, create a right shoulder, and then fall below sloping blue line, it is all over red rover. $3k btc thereafter.
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Buying btc on next retrace.
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Bought btc $10900.
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Guess I should have been more patient and followed my plan 100% :)
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Annd we're off!
Annd we're off!
Trade closed manually:
We out.