Last chance for a breakout

Bitcoin was unable to break out of its PG Range yesterday. Today is the last chance for a breakout.

The staircase of hedges

An intact uptrend can be seen on the 2 hour chart. The ascending lows are used by market participants as hedges. Maybe I will launch a new series of posts on basic knowledge soon?!

Last chance for a breakout on the 6-hour chart

The last candle is now crucial, because it decides whether the signal will break out or go out.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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