Bitcoin (BTC): Looking For Another Break of Structure

yesterday

So during the weekends we had a decent BOS, which maintained its zones during the start of the week.

Now that Monday has passed and the price remained at the same level, we are looking now for another BOS to form, which would break the 100EMA zone and form the second BOS after the weekend, giving us a potentially good entry for a long position towards the POI we got.

Swallow Academy

13 hours ago

Note

BTC is showing a promising breakout candle right now, which could finally bring the momentum we’ve been waiting for. The main focus is on that buy entry level — once it’s reached and broken, we could see a decent upside move forming. As long as price stays above the lower support zone, this game plan remains valid.