đš $BTC BREAKOUT CONFIRMED? đđ„
Bitcoin has broken above the descending trendline and successfully retested it as support. đ
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.
đ„ Key level: Trendline retest support
đ Bullish confirmation: Waves 4 & 5 + continued strength
â ïž Invalidation: Losing the breakout/retest zone
The next few candles could decide whether this is the start of the next major BTC leg. đ
$TUT $TST
#BTC #Bitcoin #Crypto #Trading #BTCUSD
Bitcoin has broken above the descending trendline and successfully retested it as support. đ
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.
đ„ Key level: Trendline retest support
đ Bullish confirmation: Waves 4 & 5 + continued strength
â ïž Invalidation: Losing the breakout/retest zone
The next few candles could decide whether this is the start of the next major BTC leg. đ
$TUT $TST
#BTC #Bitcoin #Crypto #Trading #BTCUSD