Bitcoin inverse head and shoulder? dump incoming?
Bitcoin potential forming an inverse head and shoulder pattern which is a bearish textbook signs but needs confirmation
for this pattern to playout needs to break the neckline at 9258 region and potential target for short entry between 9136-9028 region.
Note
BitMEX#BTC/USD Take-Profit target 1 ✅
Profit: 16.5554% 📈
Period: 4 Minutes ⏰
Note
BitMEX#BTC/USD Take-Profit target 2 ✅
Profit: 23.231% 📈
Period: 35 Minutes ⏰
Note
BitMEX#BTC/USD Take-Profit target 3 ✅
Profit: 32.3988% 📈
Period: 1 Hours 34 Minutes ⏰
Note
BitMEX#BTC/USD Take-Profit target 4 ✅
Profit: 41.3885% 📈
Period: 1 Hours 34 Minutes ⏰
Note
BitMEX#BTC/USD Take-Profit target 5 ✅
Profit: 50.8411% 📈
Period: 14 Hours 58 Minutes ⏰
Note
BitMEX#BTC/USD Take-Profit target 6 ✅
Profit: 59.7241% 📈
Period: 14 Hours 59 Minutes ⏰
Note
BitMEX#BTC/USD All take-profit targets achieved 😎
Profit: 69.9599% 📈
Period: 16 Hours 55 Minutes ⏰
Trade closed: target reached
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.
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.