Today we’re looking at BTC/USD pair.
Right now it’s at 15825 and we can see some key elements:
- Breakout of downward
- Respected horizontal zone 13075 has been respected (full body stays above discounting the wick)
- Full body candle close above 50 and 100 day
- 1 Hour chart current forming for another leg up
If we see full body candle close above 15288 then we are heading for another leg taking us to our initial target 1 of 19617 and target 2 of 23019.
As always, trade with a plan and safe trading.
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