Expecting inverse head and shoulders with target at 6.8K-7K in Bitcoin 4 hrs chart. I will wait for the neckline breakout to consider opening a long.
Things looking bullish now besides the overbought STOCH RSI in 4 hrs . In 1 day chart things look very bullish and we might see some green days ahead but first we need to complete this pattern to confirm the bullish momentum in short term
Things looking bullish now besides the overbought STOCH RSI in 4 hrs . In 1 day chart things look very bullish and we might see some green days ahead but first we need to complete this pattern to confirm the bullish momentum in short term
Note
If we don't complete this inverse head and shoulder things will get really bearish for Bitcoin.Note
The inverse head and shoulders become invalid if Bitcoin goes under 6130 dollars.Order cancelled
Head and shoulder invalidated. Position not open
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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.