I drew this Head & Shoulders after we started dwindling from the $20k region. Since, I have been waiting for it to break out out this formation, losing some easy trades in the process.
On the other hand, it could be a continuation pattern but maybe i'm just wishful thinking.
If we break the trend line, it's a 6k target for me.
On the other hand, it could be a continuation pattern but maybe i'm just wishful thinking.
If we break the trend line, it's a 6k target for me.
Note
Apologies for not drawing the arrow the other way around, it was just easier to copy and paste it the same length and move it down
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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.