TonyTheBullSeverino

Bitcoin Pending 1H Breakout to Upside

I just woke up, but am watching this move develop.

UPDATE: Big advocate of waiting for confirmation. When I didn't with the ONDO trade, look what happened. 15 mins at least left in the 1H. This isn't a confirmed signal yet. Also, wanted to point out that this was a triangle, and broke down to further develop into a different pattern (more of an iHS continuation pattern). this is how it works and why have to manage risk, consider we will be wrong, and know what to look for ahead of time to be prepared to adapt. It just is what it is. This is starting to leave a wick into the trend line. You never know. Could run the next 15m candle opens inside the 1H. so many variables to consider

I have hedged short, but am still long. If this goes up instead, the long covers the loss of the short and I don't lose money, but I don't start gaining until I'm stopped

If we do get the upside move, the target is $81K

This pattern still looks very sub-wave 4, meaning there