Hi
Bitcoin is forming a head and shoulders pattern on the 4-hour chart ,
If the trend is broken, it will drop to the level marked by the yellow arrow
This is what is clear at the moment
Thank you
Bitcoin is forming a head and shoulders pattern on the 4-hour chart ,
If the trend is broken, it will drop to the level marked by the yellow arrow
This is what is clear at the moment
Thank you
Note
And also the bullish flag patternIf the trend breaks up, it will rise to the price of 44k - 46k
This is short time technical analysis
Trade closed: target reached
Head and shoulders not achieved ,But We see that the bullish flag pattern has been activated, as we said previously, in analyzing this chart, and the price reached 44 - 46.
Thank you
Note
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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.