The bottom is about to set, waiting for the patten complete
Updated
Hello, Dear friends
the bitcoin intermediate bottom is about to set, a clear inverse H&S is about to complete, waiting for break ~ 9000 to confirm the pattern, if 9000 break with good volume, next stop is ~ 9500. there are huge resistance in there, because of the down trend line.
if down trend line ~ 9500 break, I'm more sure the BTC will come back to bullish mode. hold tight.
the bitcoin intermediate bottom is about to set, a clear inverse H&S is about to complete, waiting for break ~ 9000 to confirm the pattern, if 9000 break with good volume, next stop is ~ 9500. there are huge resistance in there, because of the down trend line.
if down trend line ~ 9500 break, I'm more sure the BTC will come back to bullish mode. hold tight.
Trade active
so far so good, ABC intermediate correction maybe done, next stage is retesting the neck line ~ 8970.Trade active
Almost done, break the most important resistance!next step ~ 9150 ~ 9500.
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.