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xcitedDelirium
Jun 24, 2022 8:40 PM

Two bullish scenarios for Bitcoin Long

Bitcoin / TetherUSBinance

Description

Bullish Wolfe waves formed on LTF Bitcoin charts. 5th wave was a clean liquidity grab.
I see two possible scenarios now; we either move up now and target the first green line, or we dip again and grab more liquidity (which is more probable and more favourable imo) to fuel for a bigger leg to the upside to target the second green line.

What are your thoughts?

Comment

Booked some profits from my leveraged positions at $24,000.00 and moved my stop loss to breakeven.

Comment

A sweep of the low (between the two marked liquidity zones) could be very possible.

Trade active

Never got invalidated, never went below my golden criss cross. Still bullish.
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