Technically iH&S on the 4 hourly TF. Longed at 50% fib retrace after the uptrend channel broked down with high volume. Still above the ichimoku cloud and bounced from that.
Let's see if we can break the strong resistance at $6800 this time...
This is not financial advice
Note
Still in my long position. Expecting a big move up IMO. Resistance of 6261 held nice.
Note
Support*^
Note
iH&S almost completed. We only need a push and close above $6800. And then we can take $7500 as the next big resistance.
Note
Wow. BTC had a big rise yesterday. I closed my position around $7400. Waiting for a pullback now to re-enter my long. Hoping to get in around $7100 - $7200 range.
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.