Dear all,
Here is the play I'm following on BTC.
We can clearly see a possible inverse Head & Shoulders that might form.
That pattern, if completed would help cross the last downtrend line.
On top of that, this rally was strong but RSI shows signs of retracement, H&S in formation on RSI.
Targets on my side are $6,400 for shorting and $6,300 to 6,200 to add to long.
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
Here is the play I'm following on BTC.
We can clearly see a possible inverse Head & Shoulders that might form.
That pattern, if completed would help cross the last downtrend line.
On top of that, this rally was strong but RSI shows signs of retracement, H&S in formation on RSI.
Targets on my side are $6,400 for shorting and $6,300 to 6,200 to add to long.
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR.
Related publications
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.
Related publications
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.