**NOT FINANCIAL ADVICE**
~$3600 USD ENTRY
~$5400 USD TARGET
Potential Inverted Head & Shoulder coming up very soon on Bitcoin - using Coinbase Data - Keep an eye out for the 43 RSI on Weekly chart as this is likely to coincide with ~$5400 price once we get near there, for a reversal back down.
This seems to be similar to the inverted Head & Shoulders we had play out perfectly in May 2018.
In Addition, many retail traders selling now or sold at ~$4,100, Shorts Still Very High, everyone expecting us to crash down ~$2,500 or ~$3,200..
~$3600 USD ENTRY
~$5400 USD TARGET
Potential Inverted Head & Shoulder coming up very soon on Bitcoin - using Coinbase Data - Keep an eye out for the 43 RSI on Weekly chart as this is likely to coincide with ~$5400 price once we get near there, for a reversal back down.
This seems to be similar to the inverted Head & Shoulders we had play out perfectly in May 2018.
In Addition, many retail traders selling now or sold at ~$4,100, Shorts Still Very High, everyone expecting us to crash down ~$2,500 or ~$3,200..
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.
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.