🔥 Bitcoin Short-Term Channel Break Out: Patience!

BTC has been trading slighly bearish every since we made a new 2023 high a few days ago. Some consolidation was to be expected after the huge pump that we got earlier.

I'm anticipating a bullish break out of the channel. To confirm the break out, I'd advise to wait patiently for the candle to close above the resistance.

Stop at 30.500, target at 32.000, more defensive traders might want to take some profits around 31.400

Comment:

Reversed from the top. No entry has been made.

Comment:

Going for another break out attempt. Wait for confirmation.