I am seeing 2 possibilities...
One is that a rising zigzag has been completed and its correction appears.
The other is 1-2-1-2 scenario.
One is that a rising zigzag has been completed and its correction appears.
The other is 1-2-1-2 scenario.
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Just opened a long and if it goes like in the chart, will switch to a short.
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Closed the long half.
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If this gets drawn, I will close the current long and open a short as planned.
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If BTC goes up straightforward without correction, I will open an additional long on the breakout as planned.
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I am seeing these 2 possibilities... of course, there is another possibility going up breaking out the current high.
I am going to open a short if enough bouncing appears.
I am going to open a short if enough bouncing appears.
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This could be a triangle like mentioned earlier.
Will close half the current short and if triangle gets broken upward, will switch to a long.
Will close half the current short and if triangle gets broken upward, will switch to a long.