BarryChartMonkey

Possible breakout to the 12200 level

Long
BarryChartMonkey Updated   
COINBASE:BTCUSD   Bitcoin
It seems like $BTC is trying to break out from the descending tunnel. A measured move and the Fibonacci retracements are both pointing to the same direction.

I am not a professional trader. What are your thoughts? I am looking to start a long position after we confirm the breakout
Comment:
Excuse the Fibonacci spelling error in the chart

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