High_Altitude_Investing

Done with correction (1h candlestick)

Long
BITMEX:XBTUSD.P   Bitcoin
Btc completed correction at these levels looking for bullish continuation from here.
Comment:
23,000$ is our short term target.
Comment:
Watching for 15500$ to hold

if 15500$ doesn't hold 13000$ is the next major support and we will bounce there. (if support breaks target is still 23000$)
Comment:
( wave count if 15500$ breaks)
Comment:
Lets test that 15500$ level now! watch for a impulsive bounce
Comment:
original count was right 23000$ then 30000$ !
Comment:
( I can see that my first count was right because descending resistance at 16000 was broken )
Comment:
Clear bullish break on 5m
Comment:
I am aware of the potential head and shoulder formation and watching the neckline price of 14787$

But with a ABC correction we are more likely to see continuation

Previous bull flag fractal at 13214$ re tested the previous low before bouncing so unless that neckline at 14787$ breaks i'm bullish on bitcoin!

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