📉 Bitcoin Daily 📈
$BTC closed yesterday's bullish 4H candle at 61600. That satisfied my condition to enter long within descending broadening wedge structure breakout.
Unfortunately price is still within horizontal range (which is stronger structure by default), so a bit early to claim bulls full victory. Besides Week chart haven't yet covered buy tail with EQ at 54k, so be ready to see more blood.
Same breakout candle with high volume marks out the zone which should play support role for future price action. Close below t59350 most probably will cause a dump to 52-54k - therefore that is the condition to exit long.
Bullish scenario targets are 63.8 / 65.6 and 68-69k
Nearest liquidity pools:
above - 61340 / 61865 / 62491 / 63692
below - 60141 / 59671 / 58993 / 58365
Lines on the chart:
🔸64601 - July close
🔸62766 - June close
🔸60650 - May open
🔸58218 - June low
🔸56537 - May low
🔸55969 - last week low
🔸53329 - July low
Trend: D ▶️ W ▶️ M ▶️
🤑 F&G: 39 < 26 < 30 < 28 < 31
