Zechariah

BTC break out analysis

BITFINEX:BTCUSD   Bitcoin
Bitcoin only,
So this is what I’m looking for upon break out on 3 different views

Make sure to click all 3 to be able to see everything broken down

Waiting for price to break out of wedge and under or above a zone to catch the retest

Price could continue up break and retest above 11.1k and continue to possible 11.5-12k before hitting resistance and building formation again .

If price break down to continue the correction we see base support at 10.4k zone before continuation in the bullish direction

That would be seen on the daily break and retest
possible correction is not over with so use this break out to catch the retest entry to next respected zone. keep it simple
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