Potential Price Movements for $BTC (UPDATE) #9
Updated
Overnight we had a nice break to the upside, back above our key H4 Supply zone we needed to get us back into LTF bullish market structure. We seem to have front ran the retest of the H4 Supply (for now). Zooming out on the daily chart we have printed a D1 Demand order block (Green zone). We are also perfectly confluent with the 1.618 fib extension on our 53k TP1 target!! We'll be looking to take about 30% profits from this long term play and looking to compound at either the D1 Demand or start scaling back in at any H4+ OB's that get printed from here on to 53k. We are less than 11% away from TP1!! We hope you guys have been enjoying this ride with us!! We will continue to update as more PA plays out!
Note
H4 supply was retested on the money. Now we patiently wait for TP1 @ 53k.
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