Bitcoin

BTC mid term

110
as you can see we are in the trading range which looks like a triangle. we rejected fro 20 ema so we will have a retest of the lower band. the high probability senario is that afterwarrds we will see a bullrun to the upper channel. the low probabitliy senario is we break out from the lower band and make a new downtrend channel. if you look at current price action there is a head and shoulders pattern, but remember that this pattern is a bull reversal and we have no bull trend here so this is one wired looking head and shoulders to me, and anyone who takes a look at it and difines it as a bear reversal pattern.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.