Hoosier812

BTC: Bullish Consolidation before next Impulse

Long
BYBIT:BTCUSD   Bitcoin / U.S. Dollar
Support - 10900
Resistance - 11400
Demand Zone: 10500-11000
Supply Zone: 11800-12200

Bull DIV: 1H and 4H (HL printed with RSI making Lower Low)
TL Support - ASCENDING CHANNEL forming with $1500 wick touching TL support

Consolidation: 10900 - 11400
Complex Correction forming: WXY or WXYXZ (many 3 wave moves)

LONG idea (Not setting yet):
Entry: 10700 - 10900 (scale)
SL: 10500
T1: 11400 (range high)
T2: 12200 ( supply zone )
T3: 14k (previous post - 1.618 FIB of W1 impulse)

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