Awinish

Bitcoin’s re-test of the break out

Largo
FTX:BTCPERP   Bitcoin Perpetual Futures
Looks like the wedge I was talking about yesterday has broken out but got a rejection from the 4h symmetrical triangle former support. It it likely in my opinion that BTC will come down to re-test the breakout level. But the volume is a bit lagging behind in my opinion.

I think I’ll play the re-test of this bounce and it will tuen out to be something like this in my opinion. The r/r will be at aroun 3.12 or something so it’s a nice trade to take.

Let me know what you guys think, keep in mind NFA!

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