Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bitcoin Inverse Head & Shoulders (Support & Resistance to 35%)
Bitcoin
Long
Bitcoin Inverse Head & Shoulders (Support & Resistance to 35%)
By AlanSantana
Follow
Follow
Jun 23, 2022
7
8
29
29
Jun 23, 2022
The inverse Head & Shoulders pattern seems almost complete while Bitcoin continues bullish.
It has been a long consolidation week but we still see the current candle trading at a higher low and above EMA10.
The immediate resistance is set at $21,200 followed by $23,500.
The main short-term target is set at ~$28,000...
After this level we look again at the chart to see what comes next.
The immediate support is set around $19,750 with very strong support at $17,550.
Namaste.
altcoins
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
BTC
BTCUSD
Chart Patterns
crypto
Cryptocurrency
Trend Analysis
AlanSantana
Follow
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com
(Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Also on:
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
.