BTCUSDT Potential Long setup
MONTHLY- 8 Days left, before the close of the candle which most likely become a strong engulfing candlestick pattern
- There's also a retest on previous high in monthly structure
WEEKLY- Weekly became uptrend after breaking the 21460 high
DAILY/4H -also currently
What I'm waiting for right now is
1. the retracement on 21460 or 21500 high of the week and 4H market structural zone. Fibonacci retracement 61.8% is also lining up with the zones.
2. When the price reached to the 21500 zone, wait for at least 30M Engulfing or Strong rejections before opening a buy position
Take Profit Targets ; 22750 and 24500
- There's also a retest on previous high in monthly structure
WEEKLY- Weekly became uptrend after breaking the 21460 high
DAILY/4H -also currently
What I'm waiting for right now is
1. the retracement on 21460 or 21500 high of the week and 4H market structural zone. Fibonacci retracement 61.8% is also lining up with the zones.
2. When the price reached to the 21500 zone, wait for at least 30M Engulfing or Strong rejections before opening a buy position
Take Profit Targets ; 22750 and 24500
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