1) price has been forming a symmetrical triangle for some time and the price has broken out of the triangle.

2) Next step is to wait for the price to hit $39.5k and we want to see this level act as support and bounce back up from there and move up.

3) If price closes below $39k-$39.5k I would be worried, so I would go look for the next level of support to see where we’re headed.

4) so far the breakout is there but we also want to a successful retest of the support trend line to confirm more bullish price action.