BTC finally took pause on the strond 1D downtrend (RSI = 34.712, MACD = -154.200) near the targeted 6,082.70 spot (yellow line) and is seen on a three candle consolidation so far. As seen on the chart, the sequence may copy a previous curve pattern as part of the H&S right Shoulder build up. That spike could be an additional short opportunity for those who missed our short call on top. On a smaller time frame, that will also help the 4H (Highs/Lows = -46.8428, B/BP = -233.7241) to accumulate more sellers in ordero to gain the necessary bearish momentum to break June's 5,762.9 bottom. The voume is high enough and rising (35 - 55K) able to sustain this sell off. TP = 5,800 (1W EMA100).
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.