BTCUSD June expectations
Updated
Hello my friends!
I have this analysis since 2 weeks, I was a bit afraid of posting it, but I want to let you know my opinion on the running trend.
1- BTC breaks the uptrend (phase 2)
2- BTC is now running in phase 3
3- (in other analysis for me "private one") BTC is performing head and shoulders pattern which means will close the right shoulder on 23rd June (+- 2days), if that happens will make a huge dump to go back into the 20s.
4- for a daily trade, keep your eye on the support and resistance line, expecting it to go to the resistance level in the next 3 days.
5- keep your eyes on 20-23 of June!.
please trade safely guys! Happy earing.
I have this analysis since 2 weeks, I was a bit afraid of posting it, but I want to let you know my opinion on the running trend.
1- BTC breaks the uptrend (phase 2)
2- BTC is now running in phase 3
3- (in other analysis for me "private one") BTC is performing head and shoulders pattern which means will close the right shoulder on 23rd June (+- 2days), if that happens will make a huge dump to go back into the 20s.
4- for a daily trade, keep your eye on the support and resistance line, expecting it to go to the resistance level in the next 3 days.
5- keep your eyes on 20-23 of June!.
please trade safely guys! Happy earing.
Trade active
Note Number 3 above is still validTrade active
as expected in point number 5, here it's the 22nd of June and the price drops to the resistance level, by the 1st of July either it will drop down of the line, then we will see 25-28K (most likely) or the reversal trend will start.
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