Probably because i have no track record , new to writing article, but to whoever who trusted my analysis and followed the trade , congratulations! Lets make that dough together!
Hello , if you previously seen my previous analysis of BITSTAMP:BTCUSD
I mention that a Head and shoulder pattern is forming, if the support of 0.618 holds
I personally believe that Bitcoin (BTC) Faces False Breakout on 0.618 Fibonacci Support and have entered the market with this following detail
Entry : 63,135
Stoploss : 60,512
TP : 73,601 (Region)
Head and Shoulders patterns are significant technical indicators in trading, often signaling trend reversals. In the case of Bitcoin, if we're observing a Head and Shoulders pattern forming in a bullish direction, it suggests a potential reversal from a downtrend to an uptrend. Here's a trade idea based on such a scenario:
Bitcoin (BTC) Head and Shoulders...
A falling wedge pattern is a bullish chart pattern that usually forms during a downtrend, indicating a potential reversal. If AVAX (Avalanche) is forming a falling wedge pattern, traders may look for opportunities to enter bullish positions. Here's a trade idea based on this scenario:
AVAX Falling Wedge Bullish Trade Idea:
Pattern Observation:
AVAX has been in...
