Bitcoin is making a classic head-and-shoulders pattern. The neckline is at ~40600.
A daily close below this line activates the pattern.
A daily close above the right shoulder invalidates the pattern. ~44000
Target is the same as the distance of the head to the neckline. ~33500.
Goodluck.
A daily close below this line activates the pattern.
A daily close above the right shoulder invalidates the pattern. ~44000
Target is the same as the distance of the head to the neckline. ~33500.
Goodluck.
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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.
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.