Bitcoin / TetherUSShort
Road to $33,000 - $33,500
Yesterday I posted Head and Shoulders earlier than anyone, before it formed, with a right shoulder price target of $40,300. It landed perfectly.
Now the key support lines:
- The target of that H&S is around $33,200.
- Weekly EMA50 is at $33,250
- There is a green trend line that goes to $33,000s
- There is the 0.786 Fibonacci level at $33,200 when you draw from the
31K dip to the top of the H&S head.
Therefore, I expect a might be a bounce from there. However, I'm not sure if that would hold long.
Good luck!
Yesterday's post:
Now the key support lines:
- The target of that H&S is around $33,200.
- Weekly EMA50 is at $33,250
- There is a green trend line that goes to $33,000s
- There is the 0.786 Fibonacci level at $33,200 when you draw from the
31K dip to the top of the H&S head.Therefore, I expect a might be a bounce from there. However, I'm not sure if that would hold long.
Good luck!
Yesterday's post:
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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.