After price did exactly what i explained on last week analisys,rejecting and closing above $4900 on the daily tiemframe respectign the monthly PRZ and the 78% fib and reached $5300 as expected,so right now we coudl see a possible continuation of this new formed uptrend to the $5600 area but it need to break and close abvoe $5400 in the hoger tiemframes but before i pullback would be necessary to the previous extenuation point of the previous high t ocomplete also the 4th 4h wave at $5150 and ocne price reach this area i woudl monitor how price behaves on this area and if it manage to clsoe and hodl above it ill take a long position if it doesnt happen it will go to the monthly PRZ as final correction..lets wait and see whats gonna happen
Trade active:
BITCOIN
BUY @ $5400 - IDEAL $5334
TP 1 $5580
TP 2 $5700
TP 3 $5900
SL 5190
Broke and clsoe above monthly PRZ
BUY @ $5400 - IDEAL $5334
TP 1 $5580
TP 2 $5700
TP 3 $5900
SL 5190
Broke and clsoe above monthly PRZ
Price broke the monthly PRZ and previous high so im expecting further upside movement atleast to the $5600 area