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shirocrypto
Mar 24, 2021 8:54 AM

BTC W breakout play Long

Bitcoin / TetherUSBinance

Description

Nice breakout of the W pattern on 1H chart after the M which has perfectly played.
T1 is around resistance zone circa 57.2 <-> 57.7
T2 is the diagonal resistance of the triangle
Breaking the triangle resistance would be very juicy and lead to 67k

Trade closed: target reached

T1 reached perfectly, to exact dollar.
But also got severely rejected from my important 57.2 <-> 57.7 resistance zone to finally reach B target of the deep crab.
Interestingly a Gartley also formed after reaching T1 target and played out perfectly.
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