YurloTrades

Falling wedge breaking up confirmed (BTC) short squeeze incoming

Long
YurloTrades Updated   
BITFINEX:BTCUSD   Bitcoin
Hello traders,

Last 2 posts I posted a bullish scenario below $47,000.

It seems to be strong and closed ltf above the top of the falling wedge.

Short squeeze is likely in the next 24 hours going into tomorrow's daily close.

It doesn't need to follow the 1-5 wave count exactly but the target is $48,800.

Please like/comment to show your support please & thank you.

👍
Trade active:

target is almost hit, expecting a reaction from the blue rectangle box.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.