BTC - Inverse H&S??? pattern target to 5.1k

lets see how that right shoulder develops....

Transaction en cours:

Right shoulder is developing nicely. If we break 4,130 we're headed to 5k best case scenario. Watch to see how btc reacts around teh .382 and .5 fibs. this might be good levels to take 25% profits. keep stop loss at 3.1k.

Transaction en cours:

full flag on the 15 min chart. looking great!

Commentaire:

*Bull

Transaction en cours:

Alrighty my fellow crypto-maniacs! We finally crossed that 4,130. Remember this pattern target has a potential of 5.1k. But watch for the fib levels above (.382, .5 and .618) and lets see how btc reacts. Also to note the 50 DMA is sitting around the 4.4k. We clear this all roads open to 5k test.

If you bought near the bottom say 3.2-3.4. I'd keep stop loss at your break even. Now we're trading for free!!

Transaction en cours:

Keep HODLing. BTC has a temporary rejection holding above the 4,130. But i hope you are witnessing the positive trend here. BTC is continually testing new areas of resistance with every rejection. Inevitably we will have a big break out. this is the accumulation phase. capitulation already happened and I have a hard time believing we will break below 3k, but this is BTC and anything can happen. keep stop losses at your break even if you bought near the lows.