BTC has had difficulty pushing through 10.6k. and seems to be forming the right shoulder of a H&S. If it doesn't break through soon I think it will begin a descent to retest support at 9050-ish. This would form a double bottom and BTC would be strengthened to begin a move up towards 13k+.
See my XRP idea for my correlation between XRP and BTC. Thanks!
See my XRP idea for my correlation between XRP and BTC. Thanks!
Note
Drop confirmed for now. Although A lower high is more likely. 50% Buy - 9850
30% Buy - 9300
20% Buy - 9200
Note
First target reached 9850Note
Second target reachedNote
third target reached!! lets go!Related publications
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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.