PHundal

Hold the line! What to know about this BTC breakout

BITMEX:XBT   Indice Bitcoin
Bitcoin with a strong breakout. We would want to see the key fib areas here generate some kind of bullish market action.
- morning star
- bullish hammer
- SFP of a local fractal low

Breakdown here and a lower low from the start of this market structure break could put the breaks on this move and at least result in more consolidation before then either breaking down or breaking up.

Targets for a bullish move would be -0.272 and -0.618.

Letsss gooo!

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