Trading the 15min breakout in a market with strong momentum.
Falling wedge on the 4H is the primary reason to be bullish with the liquidity being taken out at $60,000. Seems like this was very likely the last dip, any scalps from now have a good shot.
High risk opportunity.
I think it's a good time to be looking for longs to catch a move breaking all times high again to put in a +100% move within 4 weeks. Every previous occasion BTC has properly broken all times highs it's done a +100% move within 4 weeks. It's flirted with a proper breakout which I believe may be coming soon.
$200k final target
$140k first target
Falling wedge on the 4H is the primary reason to be bullish with the liquidity being taken out at $60,000. Seems like this was very likely the last dip, any scalps from now have a good shot.
High risk opportunity.
I think it's a good time to be looking for longs to catch a move breaking all times high again to put in a +100% move within 4 weeks. Every previous occasion BTC has properly broken all times highs it's done a +100% move within 4 weeks. It's flirted with a proper breakout which I believe may be coming soon.
$200k final target
$140k first target
Comment:
No longer valid - price failed to breakout so no trade triggered and price broke below where the stop loss would have been.