Leading diagonal!

Bitcoin / TetherUS BINANCE:BTCUSDT

bowtrix

It seems like Bitcoin decided to print a leading diagonal . This is my favorite pattern because it can offer a good risk-to-reward ratio and it tends to lead to a strong, trendy movement into the direction of the diagonal.

We are hoping to see prices pull back slightly more to the 50% retracement of the leading diagonal , and then shoot higher. Let’s see.

Our fundamental bias is still bullish , for all the reasons mentioned in last night’s bullish idea for Bitcoin .

Thanks for playing.

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