Bitcoin / TetherUSUpdated IH&S - BTC 4 hours chart
Actually as you can see we are in the middle of inverted head and shoulders;
Bitcoin did not broke the support line of the left shoulder yet, so the pattern still valid and in progress.
My guess is that if we broke above fib 1.764 (7950) we are going up and once we cross the nick line we are going for fib 2.618 (9446)
Happy hunting guys, i'm in!
Bitcoin did not broke the support line of the left shoulder yet, so the pattern still valid and in progress.
My guess is that if we broke above fib 1.764 (7950) we are going up and once we cross the nick line we are going for fib 2.618 (9446)
Happy hunting guys, i'm in!
Note
We broke the fib level, and waiting for a break up the nick line towards 9446 or even a swing towards 10xxx-11xxx levels depends on the time we reach the resistance of the uptrend channel we're moving inNote
We're on the move and we broke up the previous high of 8366 on BinanceGood luck Guys!
Note
I think we're going to swing towards the 11xxx areai'll update with exit point in order for us to take profit and cool down a bit..
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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.