MrSawadee

MrSawadee

This is my first post on tradingview. Please feel free to share your thoughts on the bump and run pattern that seems to be forming. Do you think Bitcoin will follow this path? Please follow your own strategy and updates. This is just my idea.

MrSawadee

Step 1: Ready to fall back to $27 - $28. Step 2: HSH confirmation Step 3: Breakout of triangle Step 4: Fall back to triangle (now as support) Step 5: In multiple fases toward $51 Feel free to comment on my thoughts.

MrSawadee Updated 

Flow showing an upcoming S-H-S pattern into a triangle formation. When confirmed the new ATH is set for $48. - Head confirmation (complete): $35-$36 - 2nd Shoulder (start): $26-$27.5 - Shoulder confirmation (end): $33-$34 Target when neckline holds: $48 This is my first published analysis. Feel free to add any comment. This analysis is for learning purposes only.