We are seeing a retest of the previous inverse head and shoulder pattern neckline.
A strong bounce would confirm the validity of the neckline support, also BTC.D is acting strong.
This could be a combination of a concentration of money into the Bitcoin and an effect of the upcoming halving event.
A great risk reward trade has presented itself and this might be the trade of the year.
A strong bounce would confirm the validity of the neckline support, also BTC.D is acting strong.
This could be a combination of a concentration of money into the Bitcoin and an effect of the upcoming halving event.
A great risk reward trade has presented itself and this might be the trade of the year.
Trade closed: target reached
YouTube goo.gl/BkRuQL
Twitter twitter.com/vilasignal
Twitter twitter.com/vilasignal
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.
YouTube goo.gl/BkRuQL
Twitter twitter.com/vilasignal
Twitter twitter.com/vilasignal
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.