BTC making its way up the ascending channel with a nice break out today after ranging since 8 FEB .
Now we have broke that resistance that has held us back for the past 3 attempts we can now see with a Fib Expansion pull
the levels ahead that align perfectly with the top/middle of the channel , with 70k coming in as our 1-1.
A break of the ATH will push us on our way but if your not positioned right now then you could expect to see a pull back to the
VWAP region and a backtest of that prev resistance level .... All shown in chart if you wanted to take that opportunity
Market structure is bullish printing HL s as we make our way up the channel .
Fib Speed fan also visible on chart displaying what a respected journey its been for BTC ...Strap in
Have a plan and know where your wrong , Use a Sl and if you dont have a position as long as your holding Bitcoin then your still in a position .. Follow and Like ...Thanks with Gratitude
Please Note although I have some prices marked out in the flags , this does not mean i expect price to just go up without any consolidation or a battle at 58k ....
Now we have broke that resistance that has held us back for the past 3 attempts we can now see with a Fib Expansion pull
the levels ahead that align perfectly with the top/middle of the channel , with 70k coming in as our 1-1.
A break of the ATH will push us on our way but if your not positioned right now then you could expect to see a pull back to the
VWAP region and a backtest of that prev resistance level .... All shown in chart if you wanted to take that opportunity
Market structure is bullish printing HL s as we make our way up the channel .
Fib Speed fan also visible on chart displaying what a respected journey its been for BTC ...Strap in
Have a plan and know where your wrong , Use a Sl and if you dont have a position as long as your holding Bitcoin then your still in a position .. Follow and Like ...Thanks with Gratitude
Please Note although I have some prices marked out in the flags , this does not mean i expect price to just go up without any consolidation or a battle at 58k ....
Comment:
Target hit
Comment:
61276
61276 is my first target so lets see what happens when we hit the said target