BTCUSD - End of correction and Nice entry timing

BYBIT:BTCUSD
4H trend chart
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Remember that opportunity comes from waiting!
After BTC reached TP1/2, it starts correcting intensely and forming a descending tunnel in 4H chart.
During this pullback, here are some effective support level we can notice.

1. Vegas tunnel 576/676 ema
Since surging from 44000 to 69000, BTC hasn't hit these two ema for a long time.
Now it is approaching to both, so it'll be a good position for entry if hit 575/676 ema and go back to 12ema rapidly.

2. Long-term support area
This green zone is build from neckline which is made of a big double bottom(from April to October)

3. Descending tunnel
Descending tunnel is a good pattern for whale to accumulate BTC volume, we usually take entry after the upper trend line gets broken.

With 3 points above, we can try to expect BTC is keeping consolidating in this tunnel and getting support around the intersection (yellow circle).
Therefore, if you are a long-term bullish traders, can enter BTC there.
Also, we can take entry after the upper downtrend line is taken out which is a safer way.
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Trading Strategy
Profit targets:
a) 59393~61999----Fib(1.272~1.382)--->Already Hit!
b) 67590----Fib(1.618)--->Already Hit!
c) 76640----Fib(2)
Anyway, never forget to control your risk
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Let's see where BTC can bring us to!
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