BitcoinShort
BTC/USD (Possible H&S) Correction Targets
Updated
This is a follow up to the possible H&S which is still on track (see below)
https://www.tradingview.com/chart/BTCUSD/AJzA0FJD-BTC-USD-Possible-H-S/
The correction targets chart black and red dashed lines represent support. Dashed red lines represent my target buy zone but I have orders spread to the lowest resistance line just in case. I expect the decline to occur over a 2wk time frame give or take a couple days before or after the fork.
If you're trading ETH as well and it decides to follow BTC down (see below)
https://www.tradingview.com/chart/ETHUSD/9qtvw4SD-ETH-USD-Possible-Scenario-When-BTC-Corrects/
This is NOT trading advice.
*Perform your own due diligence.
*Trading decisions should not be made based on this information.
*You agree not to hold the author liable for any losses you may incur based on this information.
https://www.tradingview.com/chart/BTCUSD/AJzA0FJD-BTC-USD-Possible-H-S/
The correction targets chart black and red dashed lines represent support. Dashed red lines represent my target buy zone but I have orders spread to the lowest resistance line just in case. I expect the decline to occur over a 2wk time frame give or take a couple days before or after the fork.
If you're trading ETH as well and it decides to follow BTC down (see below)
https://www.tradingview.com/chart/ETHUSD/9qtvw4SD-ETH-USD-Possible-Scenario-When-BTC-Corrects/
This is NOT trading advice.
*Perform your own due diligence.
*Trading decisions should not be made based on this information.
*You agree not to hold the author liable for any losses you may incur based on this information.
Note
H&S validatedTrade closed: target reached
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