bullish to fib levels 0.5 - 0.618 fib lines of current swing low

We've broken resistance and found support on the daily MA20 and seemed to have found a bottom. Several factors have me targeting the target zone, we've been ranging and bullish breakout from consolidation is usually equal to the the range level itself. Previous swing lows have us hitting the 618 fib levels, a repeat of this pattern would have us hitting our target zone. The resistance trend line also falls within our target zone, all round theres a lot of indicators pointing to our target 1.

NOTE: it should be noted we are only LONG on BTC if we have a bullish breakout of this range zone, also expect a battle at the MA50 (daily) resistance line too.

Comment:

Also i forgot to mention the strong potential for an inverted H&S right shoulder forming if we see any further pullbacks, this would also match up with our target zone.

Trade active:

we're still ranging for now, forming the right shoulder on an inverted H&s.

Comment:

Inverted H&S neckline test is now happening. This is the moment of truth.

cointelegraph.com/ne...red-to-be-securities

Comment:

Pls ignore previous link above i posted the wrong link, it was suppose to be a link to my chart. Hopefully below link is the correct one for the inverted H&S.

Trade closed: target reached:

Targets have been reached. Closing longs to re-evaluate for new entries. We like to stay on the sidelines and wait for 'perfect' entries, for other traders it may be worth keeping your longs open for now.