Hi guys I am a relatively a new trader so I thought I would give this a go.
Looking at the 4h chart I see bitcoin has played out a head and shoulder scenario.. now I think Bitcoin will repeat the same run up on the right hand side and go up to $42000 to test, than to $45000, than to $51000, than to $59000 and lastly the ATH. Once it breaks ATH it will go up further with no resistance. To me it will also come back and test the neck line which I feel is the support line. Please let me know your thoughts.
I am not a financial advisor or a broker, just would like some thoughts from others so I can learn more
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.