BTC – Momentum Returns!

[theSignalyst]

BTC has been overall bullish trading within the rising broadening wedge marked in red.

This week, BTC has been retesting the lower bound of the wedge.

Moreover, the orange zone is a strong structure and previous ATH.

Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the lower red trendline and orange structure.

As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for trend-following bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

* Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr*

[Nahid10]

Nice confluence at the blue circle zone — wedge support + previous ATH could spark a strong bounce.