BTC: H&S forming. Target $5900 in short-term.
H&S forming on 30min. Price hovering around top of Ascending Triangle acting as support line.
If price hits $6199 soon, I'll seriously consider going Short heavy.
Stay Sharp. Be ready to Adapt.
If price hits $6199 soon, I'll seriously consider going Short heavy.
Stay Sharp. Be ready to Adapt.
Note
On track, slight adjustment in timeframe. High Risk Traders could consider going Short now with very tight Stop-Losses.
Lower Risk Trader wait for confirmation of H&S.
Beware the Bull Whales and then sudden Manipulations on a whim.
Stay Sharp. Watch your six.
Note
Trade closed manually
H&S could still play-out on the Daily. See latest Idea Published.
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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.