Bitcoin is breaking the pattern down
Updated
Bitcoin is breaking out of the Head Shoulder Down pattern, this is a reversal pattern that could take us up to 25.3k. For now, I don't believe in a trend reversal for the medium and long term, just a correction to continue rising.
The next supports are:
26,000
25,300
23,750
With that I sold part of my btcs and eth, leaving only 33% in crypto.
Sale prices:
BTC:
27,233 (volume: 16%)
27,050 (volume: 16%)
ETH:
1,806 (volume: 16%)
1,818 (volume: 16%)
The next supports are:
26,000
25,300
23,750
With that I sold part of my btcs and eth, leaving only 33% in crypto.
Sale prices:
BTC:
27,233 (volume: 16%)
27,050 (volume: 16%)
ETH:
1,806 (volume: 16%)
1,818 (volume: 16%)
Note
As I imagined Bitcoin made a false breakout, what we can call a Bear Trap, the price has already returned to 27,500.With the previously mentioned re-entry stop set at 27,000, I entered back with 33% in btc at 27,000, the rest I will wait for a few more closings to return to 100% crypto.
Telegram group: t.me/heavensignals
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