AleksDu

BTCUSDT Pierced into the wedge and the long scenario began)

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Hello everyone, I share my thoughts on the cue ball.

We pierced the wedge. What's next for us?
BTC broke the falling wedge, we are now in the retest stage.

We also started a local upward movement. within the upward channel.
It should be borne in mind that the support line is drawn along the shadows of very "emotional" candles.
At the moment, nothing prevents you from reaching 11500. The best option would be to drop the position there.
At the moment, everything looks in favor of the bulls.
You can try to open positions from the current ones or wait for one of the following signals: a strong pinbar, or the formation of a local consolidation or a pullback from support.

The scenario cancellation will be a confident breakout of the support line.


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