Long BTC on Daily Chart

A massive cypher pattern may be completed at the D also you may look in lower time frame for the entry point at the Potential Reversal Zone (PRZ)
Have a good trading

Comment:

Target 1 is at 38% fib retracement of the inter leg
This trade is almost 1:2 risk reward

Comment:

The last week candle was closed in the zone price of 36K which is below the last week closing at 43K

trend continuation to the PRZ is almost there
N.B, The support and the psychological 30K should be violated with closing below to confirm the way to the PRZ

Comment:

We have got reached 18K

It is time to long as we are in the top of the PRZ

Trade closed: target reached:

This set us has been for a full exact two years ( long Time analysis ) and we have just reached the target this month and just today at Jan 2024.

That is how technical analysis and reading charts correctly lead to those results

Congrats for 3X profit on the BTC