Price currently looking to create a Head and Shoulder for a short. Should it do that, then we can look forward to a potential long at the neckline of the broken Resistance as indicated in the chart.
Price looking to make a third touch on the trend from the WKT. There is already a lower lows. Once the price breaks and retest the Neckline on the 30 mins TF, a short opportunity will be good.
The US Dollar Index is Approaching a Critical demand zone. As it stands, there is still a bearish bias as price will may tend to go into the zone properly, hence BTC will remains further bullish. Should price breaks and close below the Critical zone, the U.S Dollar Currency will further weaken and this will push the price of bitcoin very high. Considering the...
should price break below the first zone where it is currently, we should see a further move downwards.
Double bottom reversal Pattern formed on a weekly support. This then created Inverse Head and Shoulder with a Neckline. Price broke the Neckline and retested it to go upside. This gives a Confluence of confirmation to ride it upside.