BTC in 7-10 weeks
Updated
This is a very basic overview of what could play out in an ideal situation.
If supports hold and resistance is overcome we could see these textbook head and shoulder patterns developing with each one complimenting the next.
For those who strongly disagree, PLEASE, PLEASE. PLEASE add your most valued reasons why as to help us all trade better and be safer.
I believe that we still have a window to leverage the volatility of cryptos as legislation tightens and prices will become more stable to actually allow people the peace of mind to use crypto for daily transactions without the fear of loss.
As a beginner, I do not have the expertise or the experience to give any advice but appeal to those of you who have these to share what you think of this triple inverse head and shoulder possibility and why it could or could not actually happen.
Hey folks, you are in the cryto space, so you are already way ahead of the pack - safe trading!
If supports hold and resistance is overcome we could see these textbook head and shoulder patterns developing with each one complimenting the next.
For those who strongly disagree, PLEASE, PLEASE. PLEASE add your most valued reasons why as to help us all trade better and be safer.
I believe that we still have a window to leverage the volatility of cryptos as legislation tightens and prices will become more stable to actually allow people the peace of mind to use crypto for daily transactions without the fear of loss.
As a beginner, I do not have the expertise or the experience to give any advice but appeal to those of you who have these to share what you think of this triple inverse head and shoulder possibility and why it could or could not actually happen.
Hey folks, you are in the cryto space, so you are already way ahead of the pack - safe trading!
Note
Hi Folks, It looks like the head and shoulders has decided to "big-up" and it becoming broader allowing for a lower dip. This would not make much of an impact on the bigger IDEAL picture, but will definitely change the SHORT game!
New bounce line around $7800
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