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
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.
Telegram group: t.me/heavensignals
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.