BTC is printing an inverse H&S in the weekly time frame, which is a bullish continuation pattern. Left shoulder can close near $42,500.
We will watch RSI for now to get an indication of breakout and strength of BTC.
If BTC managed to complete the pattern, the Target would be around $87,000.
Good Luck & Trade Smart.
We will watch RSI for now to get an indication of breakout and strength of BTC.
If BTC managed to complete the pattern, the Target would be around $87,000.
Good Luck & Trade Smart.
Note
Good Looking right shoulder, now lets go up to the neck line please ...Trade active
Trade active
to the target and beyond BTC
Always remember to manage your risks and never lose your capital.
Good Luck.
Good Luck.
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.
Always remember to manage your risks and never lose your capital.
Good Luck.
Good Luck.
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.