BTCUSD Short-term Bullish Move (Long-term Bearish)
BTC is forming a lower timeframe H&S to take profit at previous level of support - now turned resistance. I do anticipate a bit higher of a swing after retesting the neckline of the H&S to setup a steeper pullback down to $38,080 levels.
Order cancelled
This idea completed and didn't follow up with the retrace to the anticipated level. New 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.