Looks like a head and shoulders to me with Target 34400.
Strong Support is currently at 24857 and any moves below this level are detrimental.
BTC - Head & shoulders to the North-side with Target 34400
This is also the same setup as the chart from June 6th below
Strong Support is currently at 24857 and any moves below this level are detrimental.
BTC - Head & shoulders to the North-side with Target 34400
This is also the same setup as the chart from June 6th below
Note
The 34000+ area is also the area of strong resistance ; hence id expect the bears to step in again around that area
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Disclaimer
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.