🚨 $BTC BREAKOUT CONFIRMED? 👀🔥
Bitcoin has broken above the descending trendline and successfully retested it as support. 📈
But the move still looks like a 3-wave structure for now. We need to see Wave 4 + Wave 5 develop before getting stronger confirmation that Wave (2) has officially bottomed.
🔥 Key level: Trendline retest support
📈 Bullish confirmation: Waves 4 & 5 + continued strength
⚠️ Invalidation: Losing the breakout/retest zone
The next few candles could decide whether this is the start of the next major BTC leg. 🚀
$TUT $TST
#BTC #Bitcoin #Crypto #Trading #BTCUSD
Bitcoin has broken above the descending trendline and successfully retested it as support. 📈
But the move still looks like a 3-wave structure for now. We need to see Wave 4 + Wave 5 develop before getting stronger confirmation that Wave (2) has officially bottomed.
🔥 Key level: Trendline retest support
📈 Bullish confirmation: Waves 4 & 5 + continued strength
⚠️ Invalidation: Losing the breakout/retest zone
The next few candles could decide whether this is the start of the next major BTC leg. 🚀
$TUT $TST
#BTC #Bitcoin #Crypto #Trading #BTCUSD