Bitcoin Inverse Head & Shoulders (Support & Resistance to 35%)
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.
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.
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lamatrades.com (Since 2017)
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alansantanatrades.com
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