Bitcoin have a really hard job to break the resistance zone of 4350-4480. There is a big change to make a double top and go down to make a new head- & shoulder pattern. The trading volume is confirming this trend.
I expect to fall back to maybe 3900-3950 range. I'm not saying it will happen, but people should be really careful trading crypto now!
I expect to fall back to maybe 3900-3950 range. I'm not saying it will happen, but people should be really careful trading crypto now!
Note
It looks like the head- & shoulder forming now. If it happens, we open a short with a target of 4020 with a stop-loss at 4350.Note
The head- & shoulder is formed. I think there is a really big change we gonna go down.Trade active
Here a quick update! Shoulder pattern confirms. First target about 4200 usd.
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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.