With the pump from BTCUSD 2.54% today I now see an inverted H&S forming and thought I'd play pick the 5 sell/buy zones for a bit of fun. In general I'm bullish now but looking for a small short entry.
Lets see how this goes. Good luck!
Lets see how this goes. Good luck!
Note
All price levels hit - except for the last one (5).Looks like the inv H&S played out a lot quicker on the time frames. Updated chart below:
Note
NB. we wicked down to 4 but may hit 4 again or go straight to 5 from here. Everything is bullish right now so my guess is straight to 5 from here. Good luck!
Note
All 5 price targets hit. The right should just a lot more compressed than the original image.Where to now? The moon of course :)
But lets work on breaking that bear TL from $20k first.
Good luck!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.