BTC/USD - Biggest BULLISH scenario since previous all time highs
Updated
After a long awaited battle against the 10k levels, we finally come across a setup that gets me wayyy too bullish on BTC. A DAILY inverse head and shoulder is being created on BTC, and it is ready to breakout of these levels especially with the current news being pumped out (Paypal listing BTC!). We also had the most bearish news as well and we held 10k like a champ.
I'll be giving a very very close look on price action the next couple of weeks to ensure the H&S is confirmed. Make sure to look at my previous BTC ideas to see a more clear look of my target.
Leave a like/comment if this idea helped you out!
Not a financial advisor, trade at your own risk.
I'll be giving a very very close look on price action the next couple of weeks to ensure the H&S is confirmed. Make sure to look at my previous BTC ideas to see a more clear look of my target.
Leave a like/comment if this idea helped you out!
Not a financial advisor, trade at your own risk.
Comment
Up almost 15% on the H&S entry.Comment
Beautiful bounce on the neckline.Comment
Uh.. we are very up thats for sure. Good job everyone!Trade closed manually
TP hit, taking small profit and looking for entry for further move up to my original 30k price target.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.