BTC is consolidating for about 3 months. The range break will show us the next move toward bear or bull targets. Also if you are not a range trader it's better to wait for a range break.
Current range and other most important levels are defined on the chart.
Bear targets:
Bull targets:
Current range and other most important levels are defined on the chart.
Bear targets:
- 2980 (~3000)
- 2500
- 1900
Bull targets:
- 4350 - 4550
- 4700 (LTF)
- 5500
- 6000 - 6150 (The god level on BTC planet)
Trade active:
Trying to break the Range High.. Unsuccessful retest would cause a dump and we would retest Range Low.
Breaking Range High on 4H clearly before the pump:
Breaking EMA on 1D was another sign: