Preparing for the bull run(?)

Bitcoin / Dollar BITFINEX:BTCUSD


After 2 weeks in the eternal range we’ve finally broken out.
Unfortunately I missed the long off the touch at the bottom of the range but now i’m waiting for another setup opportunity

4hr RSI is currently oversold so I am either looking for,
1) Retest of the top of the range before a move to the historically strong diagonal resistance
2) Short consolidation and a faster move up to the diagonal with a rejection then down to a long entry

If this diagonal is broken and support is found, we are on for a big bull run in the last few months of this year

By admin