A clean (HEAD AND SHOULDERS) pattern was spotted on the 4Hrs chart. And and it played out well.What i am seeing for now is the liquidity have been sweapt completly, and the wick is almost 80% covered, and i i expect some upward momentum from here. But its recomended to look out for a proper breakout above (107,568) to target higher resistances at (109,200-110,450-11,870) or a breakdown bilow (105,480) to target lower supports at (104,518-103,557-102,094) final target. To cover the remaining 20% of the wick.
Spot traders should start buying from 105k and dca till 102.
30MTF
Bitcoin already tested a perfect Bullish order block and what i am seeing here is that prices are already making higher highs (internal) but the market is still in chaos we need a perfect breakout above (107,695) to confirm a (CHOCH) and plus local resistance breakout then we can target the upper resistances respectively. A 30 minutes candle close above the (FVG) will confirm a clear bullish momentum.
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