Bitcoin
Long

BTC/USD

206
Potential long entry in Bitcoin targeting 13.5k-14k. I like the way that it reacted to 11.5k and it perfectly nailed my momentum setup in my previous post, so I took the long trade with a stop loss at the 50% retracement at $11,360. As an ending diagonal , we can expect it to move up in 5 waves, consisting of 3 wave structured subwaves - with the 5th wave being the largest wave. The way that this has all come together, I think that this is a high probability outcome.

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