In my opinion, BTC price is retesting at 9500 level again before going down and creating Head & Shoulder pattern.
First target will be 83xx. Then price will go back to 9000-9200.
Second target might be 73xx but I dont think this is possible because the support zone 8300-8500 is very strong.
First target will be 83xx. Then price will go back to 9000-9200.
Second target might be 73xx but I dont think this is possible because the support zone 8300-8500 is very strong.
Note
Right shoulder is forming. When price reaches 8880, the pattern will complete.Note
Pattern formed!Next target is 7721.
Trade closed: target reached
Congrats!
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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.