Per my post last night and earlier today, I was looking for a bullish resolution to the BTC pullback. After the leading diagonal for 1, I was looking for a very deep retracement in 2, then a confirmed breakout which we just got. I'm now long BTC
Trade active:
Typical breakout, then retest, now next key resistance lies around 11,500. Should it clear the dashed yellow line, then it's like off to the races once again
Comment:
The bullish resolution continues
Trade active:
Inverse head and shoulders pattern awaiting confirmation with a break up through the neckline. Once confirmed the target stands around 13,500