BTC just broke out of what it seems to be an inverse head and shoulder pattern + a mini cup and handle in the right shoulder - bullish?!
We wanna see it close above the neckline on the 4H to make sure it's not a fake out.
Entries (green arrow)
1. fomo here (small position only)
2. safer entry (retest of neckline breakout): $38700
Target 1: $42k
Target 2: $48k
Stop loss:
buy and sit on your hands or < $37k
Have fun!
We wanna see it close above the neckline on the 4H to make sure it's not a fake out.
Entries (green arrow)
1. fomo here (small position only)
2. safer entry (retest of neckline breakout): $38700
Target 1: $42k
Target 2: $48k
Stop loss:
buy and sit on your hands or < $37k
Have fun!
Comment:
BTC retest confirmed! Hope you guys got in on the diiiiip. Looking good so far.
Trade active:
Trade still going btc $45k 😎
Trade closed: target reached:
Well this worked out nicely. Watching closely for the next one.