Description
⋅ Bitcoin is coiling in a 1-2, 1-2 preparing for an explosive wave 3 of 3. If the uptrend breaks we are looking at a rally like no other.
Trade active
⋅ Bitcoin's upward break of the resistance line is a positive development. A long term bull market is resuming , stop level will be 9735
Trade active
⋅ Stop Loss moved up to 11450
Trade closed manually
⋅ Closing trade at 38012. Likely to have a C wave down move prior to any further upmove
Entry 11300
Exit 38012