BTC Potential Inverse Head & Shoulder with target @ 17,000usd
Updated
BTC still have one more leg up before we can see potential fall.
Expecting the last leg to terminate around 9900usd, then retracement will set in.
Join our discussion room for more about our trading signals.
Please do click on like icon and share our idea.
Thanks.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Expecting the last leg to terminate around 9900usd, then retracement will set in.
Join our discussion room for more about our trading signals.
Please do click on like icon and share our idea.
Thanks.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade closed: stop reached
#Possible expectationNote Black dotted lines are the potential supports lines.
Supports to watch for are:
7435
7320
6796
6635
6345
Trade active
Sorry guys wrong update this trade remain activeTrade active
Major level to watch for immediate reversal as price re-testing major suppor level(TRENDLINE)7300
7216
Trade active
Trade active
Good news everywhere guysTrade active
We bounced off the trendline.Trade active
Updated post opened to follow the current market effect.
Trade active
Bottom of wave 4 seems to be established around 6885$. But there is every possibility of re-test of this level again. So we highlighted 6770 to 6885 to be our bottom for wave 4.Next target for wave 5 is 9900 level.
Trade active
BTC forming bear flag which expected to breakup. Here is how it look.Trade active
Trade active
Finally, BTC was hit with bombshell of ETF decision date been shifted and the whole market go crazy, which broke down 6850 with full force and broke the last standing 6800 level.Now we have a new scenario in play as next support level lies between 6300-6100.
We may have possible re-test on the previous level at 6800 before further drop.
Trade active
Hi guysPlease follow this post for more updates on BTC.
BEWARE OF FAKE CHANNEL & SCAMMER🎯
Telegram Channel: t.me/+m0IACMn0ul03OTFk ✅
Forex & markets zone: t.me/+piiPgrNtrulkNDk0
For premium Zone: t.me/wcsepayment ✅
For Advert/Promotion Contact: t.me/WESLAD ✅
Telegram Channel: t.me/+m0IACMn0ul03OTFk ✅
Forex & markets zone: t.me/+piiPgrNtrulkNDk0
For premium Zone: t.me/wcsepayment ✅
For Advert/Promotion Contact: t.me/WESLAD ✅
Related publications
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.