Long BTC my stoploss is near
Updated
I see inverted h&s in daily chart for BTC, my stoploss at 39,088 , price shouldn’t drop below the head. Using pattern detection found 6hr falling wedge if stoploss hits most likely will long from 36.9k
Also, I’ve found using pattern detection in daily chart inverted h&s for DOGE & BCH that’s why I think BTC created the same.
Left shoulder LL 39200
Inverted Head LL 38700
Right shoulder not yet
Long profit should be near 6hr HH 47994
Check my previous ideas,
Follow me for more, updates coming soon.
not financial advice.
Also, I’ve found using pattern detection in daily chart inverted h&s for DOGE & BCH that’s why I think BTC created the same.
Left shoulder LL 39200
Inverted Head LL 38700
Right shoulder not yet
Long profit should be near 6hr HH 47994
Check my previous ideas,
Follow me for more, updates coming soon.
not financial advice.
Note
BTC bullish same idea, BTC just haunted stoploss and will pump very soon.6hr detected pattern inverted h&s,
Goodluck
Trade active
1st profit: 41.5k = 3hr LH2nd profit: 42690 = 4hr LH
3rd profit: 46884 = 4hr LH
4th profit: 47963 = 12/6hr HH
Extended Profit 12hr LH: 51550
LL statistics 4hr:
Inverted Left shoulder: 39,261
Inverted Head: 38,536
Inverted Right shoulder: should be 39,296-39,138
Note
BTC dump next week if close below 38.4kAlso, this idea could be invalidated only if BTC dropped below 38.4k.
Check related idea. BTC 1W LL is $3,000
Last chance for BTC,
12hr LL is 33k, 6hr: 36.9k
BTC trading below 40k if stoploss (below the head) hits. Very bad situation for BTC, even if BTC pumped up to 12hr HH at the end there’s bearish in 1W chart to 1W LL.
Take care next week maybe isn’t a good week for bulls.
Trade closed: stop reached
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