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SHORT

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LONG

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After breaking the downtrend trend line in the ending pattern, growth is expected to reach the previous level

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long

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long

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long

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long

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The price is in the saturated sales area in 1 hours

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short position

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bearish

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In the 1-hour gold chart, the collision of two shadows with the static resistance line confirms the correctness of the resistance area, which is quickly turned back down, and on the other hand, we see the formation of an ending pattern that is accompanied by the failure of the price trend line.

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In case of formation of head and shoulder pattern and with failure of neckline and formation of lower floor and lower roof, fall is expected.

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Dealing with channel floor and static support

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After breaking the neckline, you can enter the deal with confidence

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According to the above pattern, in case of upward failure, the expectation of upward jump is high

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Bitcoin needs some rest and foam to bottom . It is also in the saturated buying area in the RSI.

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buy

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Breaking a strong trend line requires even stronger energy . So to get back the trend line must be reversed