BTC currently stands at $43.5k breaking daily resistance of $41.5.
Higher lower is another indicator that BTC is on the uptrend and we are clearly out from $30k bottom.
If BTC plays through Elliot wave 12345, then we are now on wave 3 and potentially heading to $53k to $57k area.
Verdict : Long, buy now or wait to re-enter at $42k
SL : $38k
TP1 : $53-$56k
TP2 : $62k
S&R at multiple timeframe:
pink : 4H
blue : 1D
Higher lower is another indicator that BTC is on the uptrend and we are clearly out from $30k bottom.
If BTC plays through Elliot wave 12345, then we are now on wave 3 and potentially heading to $53k to $57k area.
Verdict : Long, buy now or wait to re-enter at $42k
SL : $38k
TP1 : $53-$56k
TP2 : $62k
S&R at multiple timeframe:
pink : 4H
blue : 1D
Trade active:
Running according to plan, continuing on wave 3.