Inverted H&S signals a recovery to $4350+
A breakout past the neckline will need to be confirmed by strong volume, keep this in mind. Once confirmed, the price difference between the neckline and the head is the usual target ($4450) but I will set the target price to $4350+. I have purposely lowered the target to this level as we have to be very careful in these market conditions.
If you are going long, set stop losses below the right shoulder, but keep in mind bitcoin is very volatile right now and anything could happen.
If you are going long, set stop losses below the right shoulder, but keep in mind bitcoin is very volatile right now and anything could happen.
Trade fermée: cible de profit atteinte
there was another inverted H&S after the breakout failed on this one
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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.