I think BTC is in a descending channel symbolized by these two yellow line.
It will certainly bounce on the 8ke support and reverse on a nice inverted H&S with 10k as the neckline.
It will certainly bounce on the 8ke support and reverse on a nice inverted H&S with 10k as the neckline.
Trade active
If price doesn't break the green line, we should have a reverse trend. Wait for the next 4h candle.My target is around 9300-9450
Trade active
The bull didn't let the reverse trend happen, see you @9450.Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.