BitcoinLong
BTC Direction
After having formed a clean textbook Head and shoulders BTC dropped also in texbook fashion
while moving latterally in confluence to moderate recent near parabolic gains and it may correct more. Theres a good chance a mega phone pattern may emerge here offering a good trading range and providing direction. The whole macro chart is in a huge cup n Handle pattern and also contains a micro version of cup n handle of about 1 month. At publish there is a j hook formed from the LOD and BTC is down 1.25% on the day
while moving latterally in confluence to moderate recent near parabolic gains and it may correct more. Theres a good chance a mega phone pattern may emerge here offering a good trading range and providing direction. The whole macro chart is in a huge cup n Handle pattern and also contains a micro version of cup n handle of about 1 month. At publish there is a j hook formed from the LOD and BTC is down 1.25% on the day
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