SWINGPROFESSOR

Break out soon!? BTC going to 5k!?

Largo
COINBASE:BTCUSD   Bitcoin
Hi guys!

Back from Holidays! Let's get it started again!

As we see on this 4 H chart, the Head & Shoulders, in my opinion still playing out, if we break 4150 areas and move higher.
I see potential in reaching 5,2 k areas soon.
On the 1 D chart RSI is at the critical resistance point now, but if it breaks to the upside, then we will see crazy fireworks till 5 k levels.

I am opening a long position now, as we crossed the 4 k level again.

Let the games begin!



Happy trading!




*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
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