Here's a quick update on BTC 4hr chart. As we can see, we might be forming a bigger head and shoulders IF we break the golden trend line. The price is close to 200 MA - It has worked as a good support in this bull run. RSI Almost in the oversold territory so we might see a bounce soon.
54k is a crucial level to hold - if it breaks then a bigger head & shoulders might be in play which has a downward target of 41k!
We might as well be forming an inverse head and shoulders as shown in the previous idea about BTC - Go check it out.
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
54k is a crucial level to hold - if it breaks then a bigger head & shoulders might be in play which has a downward target of 41k!
We might as well be forming an inverse head and shoulders as shown in the previous idea about BTC - Go check it out.
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Trade active
We might as well be forming an inverse head and shoulders
Trade active
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🔥 Unlock Lifetime Access to the Premium Trading Group – Just $129 for a lifetime membership!
🎖Telegram:
t.me/MBM_786kr 🎖
📩 Interested in our Premium Group?
DM @MBM786kr on telegram for full details!
🎖Telegram:
t.me/MBM_786kr 🎖
📩 Interested in our Premium Group?
DM @MBM786kr on telegram for full details!
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.