Like aapl and a few other stocks BTC is forming a Head & Shoulders pattern.
If the 2nd shoulder is above the neckline expect a new Elliott impulse wave. Price will go up.
If the 2nd shoulder is below the neckline the correction wave will continue. Price will go down.
At the moment I see a buy price of 30-35k very possible sometime in March to April.
If the 2nd shoulder is above the neckline expect a new Elliott impulse wave. Price will go up.
If the 2nd shoulder is below the neckline the correction wave will continue. Price will go down.
At the moment I see a buy price of 30-35k very possible sometime in March to April.
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.