I see bearish head & shoulder pattern for bitcoin. This pattern has a target of 18k.
I see also strong support at 30k so this support can hold bitcoin a bit but at the end its target is 18k.
How to calculate head & shoulder pattern target:
tradingsetupsreview.com/wp-content/uploads/2017/03/HeadAndShouldersTradingRules.jpg
Have a nice day,
Berk.
I see also strong support at 30k so this support can hold bitcoin a bit but at the end its target is 18k.
How to calculate head & shoulder pattern target:
tradingsetupsreview.com/wp-content/uploads/2017/03/HeadAndShouldersTradingRules.jpg
Have a nice day,
Berk.
Trade closed: target reached
Congrats, hope to see you in our next trades :)
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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.