Bitcoin
Updated

Bitcoin Forms Right Shoulder of H&S on Weekly

183
Bitcoin Weekly Overview:

BTCUSD hits EMA-55 again

Bitcoin made a $40,0k shoulders line for H&S
and begins to form the right shoulder of the H&S in long
with a possible rise to the zone up to $53.0k
then from that zone there will be a descent to the shoulders line $40.0k

so that on Chinese New Year there will be a completion of the H&S
then we will watch how Bitcoin will work out the shoulders line ...
Note
* the shoulders line = Neckline
Note
snapshot

... detailed

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.