Looking for BTC longs!
We have a clean break and retest of previous trend structure, at a key level of support, and on its W1 trend line.
Looking to see price make one more move lower to give me a nice entry right at my kill zone of $33,000-$34,000
Personally setting my stops @ $29,500
With Ukraine war tension & sentiments playing out last week, our primary desired path of structure didn't go exactly as planned with that shakeout drop.
Our technicals are still holding true though with that quick bounce back into our zone.
Technical confluences :
1) Previous counter trend cleanly broken & retested to the upside
2) Double bottom W with a...
Looking at the EU weekly chart, we can see standard Wyckoff accumulation playing out.
Im personally looking for the daily charts retracement to show signs of exhaustion and take a long entry to swing!
