According to the price target of Head & Shoulder pattern in
Daily timeframe here, Bitcoin will inevitably hit $17,000.
There is also a rising wedge pattern that is forming right now.
Rising wedge is a bearish pattern. The broken bottom support
of the wedge will thus strengthening the idea of Bitcoin will soon
be taking a dip.
Please tighten your trailing stop if you're hodling.
Daily timeframe here, Bitcoin will inevitably hit $17,000.
There is also a rising wedge pattern that is forming right now.
Rising wedge is a bearish pattern. The broken bottom support
of the wedge will thus strengthening the idea of Bitcoin will soon
be taking a dip.
Please tighten your trailing stop if you're hodling.
Note
TypoPrice target is $29,000
Trade closed: target reached
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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.