BITCOIN BULLS ARE BACK & Potential Inverse HNS Pattern
Hi everyone,
Thank you for considering reading my idea. Note that this is not financial advice.
Since we touched the lower part of the broadening megaphone pattern, we pumped 12% to touch the upper part of the megaphone. We may get rejected on the broadening megaphone pattern but I think there's a potential inverse head and shoulder pattern forming if we find support at 54k level. Target of the potential pattern is at 62,700 and we will be on price discovery mode.
Thanks for reading. Happy trading!
Thank you for considering reading my idea. Note that this is not financial advice.
Since we touched the lower part of the broadening megaphone pattern, we pumped 12% to touch the upper part of the megaphone. We may get rejected on the broadening megaphone pattern but I think there's a potential inverse head and shoulder pattern forming if we find support at 54k level. Target of the potential pattern is at 62,700 and we will be on price discovery mode.
Thanks for reading. Happy trading!
Note
Apparently, it's forming a potentially bigger inverse H&S
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.
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.