Bitcoin held the "support line of hope" therefore we saw a bounce and didn't go to the 8k region.
We saw a pump and a breakout out of the falling wedge. What is missing now?
A possible retest of the wedge trendline again at roughly $9500.
Long entrys are all green areas marked in the chart.
However, the most important question is what will happen at $10300.
Depending on if this area breaks, we will either move directly to 11.15k or fall. The charts are still open for a below 9k Bitcoin, however the probability keeps declining.
Smartest trade options are:
Buying between $9500-$9800
selling at $10300 and reentering long, when/if that level breaks.
Update on "ENDGAME, Bitcoin 3k OR 16k" will follow.
Spoiler: Support line of hope held, we broke upwards out of the wedge, so no 3k.
Free chat: t.me/dccryptoacademyfreechat
We saw a pump and a breakout out of the falling wedge. What is missing now?
A possible retest of the wedge trendline again at roughly $9500.
Long entrys are all green areas marked in the chart.
However, the most important question is what will happen at $10300.
Depending on if this area breaks, we will either move directly to 11.15k or fall. The charts are still open for a below 9k Bitcoin, however the probability keeps declining.
Smartest trade options are:
Buying between $9500-$9800
selling at $10300 and reentering long, when/if that level breaks.
Update on "ENDGAME, Bitcoin 3k OR 16k" will follow.
Spoiler: Support line of hope held, we broke upwards out of the wedge, so no 3k.
Free chat: t.me/dccryptoacademyfreechat
