Long
60K incoming
Hey guys, Bitcoin has bounced from 200 EMA on the 4h time frame and It seems like it is forming the the right shoulder of this inverse head and shoulder pattern, I'll enter long after breaking the neckline, and I think there be so much volatility after breaking the neckline because the neckline is at a very important resistance level, the target of the pattern is at 60k but I'll take profit lower at the ATH which is at 58.4
Not a financial advice, Do it at your own risk! Good luck
Not a financial advice, Do it at your own risk! Good luck
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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.