Self-explanatory. It just needs a bull volume spike to confirm the breakout... (by the way of a short squeeze) 🚨 Otherwise, it could form a double top at $16,000.
Note
Alternate Bearish Scenario if volume does not confirm breakout.Trade closed manually
Not a convincing volume... back to the drawing board.Note
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Disclaimer
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.