reimadara

BTC going to break out? Or is the correction still underway?

BITTREX:BTCUSDT   Bitcoin / Tether
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Previous Head and Shoulders morphed into a confirmed falling wedge . Did not reach my previous target of 3950-4100. Manage to buy back some of my position on 4250-4300.

Then it went to break previous shoulder resistance invalidating the possible H&S .

If 4250-4350 area holds we might be looking at a break out. If not a possible double top going down to 4k or rectangle sideways around 4000-4400 may happen.

Long term I'm still bullish as long as we don't open and close daily below 4000.
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