breakoutfakeout

Bitcoin daily bull flag breakout confirmed, add to longs

Long
COINBASE:BTCUSD   Bitcoin
Higher high on charts and bull cross on hourly moving averages. Upwards trendline is now solidly formed

Safe to add to longs here now and look for ATH and more.

Bito ETF has two gap fills above which should happen this week to help drive BTC higher as well

Refer to previous posts for more technical info on this bull flag breakout

Trade active:
Trade moving nicely to to 64k, keep buying dips
Trade active:
Bought dip yesterday at 60300, great apportunity again to add.
Now we have an Adam and Eve double bottom in play first target neckline then onto 80k second target

Comment:
This infrastructure bill yesterday is so bullish for crypto. Money has began to be poured in as regulated exchanges means one thing... spot etf is on its way and crypto is a much safer space for big money players. Let the rip upwards begin

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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