Nep_Tuck

BTC forming SOS - Reaccumulating for a breakout to 80k

Long
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
BTC vs. INJ

BTC is in a trading range for reaccumulating/SOS pattern before a breakout to 80k and retrace once hit around that price range.

BTC 8HR, Orange MA line will need to catch up and be going sideways - this is opportunity to be buying dips, load up on them and alts.

TP around 80k - which is a UT pattern of the overall distribution pattern playing out on the weekly TF.
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.