Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Head & Shoulders (Reverse=~$64K Target)
Bitcoin / TetherUS
Long
Head & Shoulders (Reverse=~$64K Target)
By TopTraderJas
Follow
Follow
Updated
Aug 23
3
Aug 22
You may notice a H&S pattern on the 6hr or less chart.
It’s broken out, retraced, but showing slight signs of weakness, in volume, and structure.
If it plays out, this could be the beginning of the next leg up to 70K and maybe beyond.
A fall below ~
59K
-ish could confirm break of pattern and could confirm the pattern invalid.
Jas
Aug 23
Trade closed: target reached
Target has been reached hitting just about 64K.
Head and Shoulders
Trend Analysis
TopTraderJas
Follow
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
.