As you can see in the inverted bitcoin chart it has formed a Head and Shoulders complex chart with a pullback already done. so we are pointing to a 400 ticks of profit.
We'd say that the optimal entry were 8900 with a stop loss at 8800 and first target is 9300, second target goes to the weekly uptrend which more likely will act as a resistance 9600-ish and a super optimistic but not impossible we can put as a third target at 10000.
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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.