expecting another attempt to reach previous high of about 14000 USD.
reasonable chance of making it - which then would give reasonable chance for going past it or double topping
but however it is also reasonable that it fails to make the previous high and returns back down to POC support around 9.5k
I still expect price to once visit the 7-8k region for accumulation.
Re-tracement into box, where there is a sharp volume node, where we have rejected off before, where red line is. we are also topping on and fisher. entry must keep in line with the higher low pattern in the bog. that trendline must hold otherwise the bull divergence from the cycle previous will have ended.
EOS broke the purple resistance and edge of kumo cloud. This looks towards an edge to edge play. BOG also Diverged a cycle earlier. Confirmation 2 bars after bull cross. rejection off first ema, bounce at edge of cloud. Best entry was the previous rejection off the trendline. as soon as it started bouncing on the support line, then should have entered. The fact...
BTC LONG: 3HR bull div, HH HL pattern continuation, broke into kumo cloud with bull cross - expect edge to edge with a retracement first. Bog is topping but no bear div as of yet.
SL:6150 (HH HL Break)