Quantiq

XBTUSD - Is bitcoin gonna do it again..?

Long
Quantiq Updated   
BITMEX:XBTUSD.P   Bitcoin
Trapped aggressive bears, absorption from bulls, will the history repeat once again? Chart says it all...

Loosing pivot point will invalidate the possible trade here. Wait for successful retest of pivot point before entering.
Comment:
If you got in, move stop to entry.

Lower time frames are showing possible rising wedge which could cause another shakeout below our pivot point.
Comment:
Take partial profit here. We reached previous local top and price is struggling a bit.
Comment:
Target area reached, profit secured. Congrats!
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