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This #BTC setup can be used on SPOT as well as Futures. If you do decide to go for futures, use low leverage. Price closed above a resistance descending trendline and volume seems to be consistent. The waves (sublime waves) are opened and look primed for continuation. We are however still in an uncertainty range 26.3 - 27.2, a range that is guarded on the upper side by the 0.33 Fib. Once broken we increase the chances of success of the trade by almost 70%. There is still a chance that the price would break and kill the position and for those who fear that , we have another possible setup: Instead of entering in the range, you could take the current TP1 and consider that the breakout entry, in this case the SL would be higher (Just below the PoC). #ETH has a similar setup, comment to get it.📝

This #BTC setup can be used on SPOT as well as Futures. If you do decide to go for futures, use low leverage.

Price closed above a resistance descending trendline and volume seems to be consistent. The waves (sublime waves) are opened and look primed for continuation. We are however still in an

uncertainty range 26.3 - 27.2, a range that is guarded on the upper side by the 0.33 Fib. Once broken we increase the chances of success of the trade by almost 70%.

There is still a chance that the price would break and kill the position and for those who fear that , we have another possible setup: Instead of entering in the range, you could take the current TP1 and consider that the breakout entry, in this case the SL would be higher (Just below the PoC). #ETH has a similar setup, comment to get it.📝

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