The next move should be a break out of this structure and move higher to retest the upper levels of resistance.
My targets for this move are between $1.37-1.60 and I expect the move to take place over the coming month or two.
Let's see how it plays out from ehre.
Note
Just to be fully transparent, I exited all of my crypto positions after BTC just broke that low right now. I think there's too much risk that we fall further from here. I'll reassess the charts in May as I think that's when we'll see things shape up. Until then, good luck.
Note
Here's my reasoning for exiting. We'll need to see if this plays out from here:
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