Bitcoin short term range breakout soon!
Updated
In my previous post, I had a drawing prepared for a potential sideways range until another test of the bottom trendline of the potential rising wedge. Here is how I would long/short it. This is just an update on the chart with clearer and easier-to-read levels. Also added TPs for a potential long because, at the moment, momentum is looking bullish.
Also in my previous post i mention a range to breakout after seeing 3 stop hunts to either side of the range (for the bigger range) where the range is drawn from buying climax to the automatic retest (wyckoff theory) which is what we currently have with this smaller range.
Also in my previous post i mention a range to breakout after seeing 3 stop hunts to either side of the range (for the bigger range) where the range is drawn from buying climax to the automatic retest (wyckoff theory) which is what we currently have with this smaller range.
Note
Im looking to long this retest of 34935 for a possibly perfect entryNote
For chart updates see:tradingview.com/chart/jj8kPSw8/
Note
RIP Fakeout spring to the upsideNote
actually i think we still bullish, must've drawn my Buying climax wrong, Take it a wick lower before it initiated a red candle and it looks like a valid retest of the range with the doji closing at/above it.
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