oshell

BTCUSD possible spring event

Long
oshell Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC possible spring event of wyckoff. personally I would wait for test event to enter a position.
Comment:
nice bounce as expected. we are on track for more upside. many alts up 30%+ in 24h. bullish engulfing bottoms and bull flags everywhere. we could see some more relief short term. drawback to test area is fine. close below and I would be careful.
Comment:
strong breakout and rejection at AR.
short term pull back would be healthy, but it's looking fine. we are on our way to SOS and breakout out of this range would be very bullish.
Trade closed: target reached:
breakout out of 2-month range.
reclaim of 200MA on daily and 21MA on weekly.
BTC in full bull mode and it was indeed the spring event.

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