$BTC formed a double bottom pattern on the 4H chart a couple days ago with divergence on the #RSIIndicator
It then successfully crossed the neckline this morning with a candle closing above the neckline.
Since then there’s been a retest of the neckline/resistance.
If a candle closes above the neckline again in the next 3-4 candles, it will indicate a strong #bull signal.
I plan to go long if the above happens.
Entry: 58.5K
TP: Anywhere between 60-62k (the next resistance in the 1D chart is between 60-62k.
SL: 53.5K
I’d still advise caution , given we’ve seen too many ups and downs in the last couple weeks.
P.S I’m not a guru, just another one of you.