wait for breakout and retest (if we pump from here no need to short then wait for breakdown) btc on support as we can see it touches the trendline also making a rising wedge btc support is around 47k as we can see the trendline if we break the trendline and possible retest our next target will be 46500-46200
we always trade level by level if btc bounce back from here we may see 51-52 btc making reversal pattern from few days
overall we are bullish if we break 40k we might go to shit ranges 30-40 :)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.