BTC: BREAKS OUT IN LTF! WAIT FOR THE RETEST!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC looks good in the shorter time frame. Breaks out from the falling wedge pattern in 2hr time frame. It is currently rejected from the $22,800 resistance area and looks like we might retest the wedge (around $21k).
Looks like it is ready to go to test the $24k-$25k level in short term. All we need to break is the $22,800 resistance area.
Invalidation level:- If any candle closes below $20.8k then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC update.
BTC looks good in the shorter time frame. Breaks out from the falling wedge pattern in 2hr time frame. It is currently rejected from the $22,800 resistance area and looks like we might retest the wedge (around $21k).
Looks like it is ready to go to test the $24k-$25k level in short term. All we need to break is the $22,800 resistance area.
Invalidation level:- If any candle closes below $20.8k then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
