Bitcoin
Long
Updated

IHS BTC short term trade

109
Stop if we make a lower low. GL fellow bulls.
Note
The lower low would also coincide with the head of the inverse head and shoulders, invalidating the pattern in the process.
Note
triple bottom H&S has developed. Apparently should have reduced volume in the third head, as a sign of confirmation, but we got a huge spike. Watching closely; lets hope we can break the neckline and hit the target.
Note
Rejected the neckline again! Getting squeezed by ascending wedge now. Will it drop out of it? Ill sell some if it does.
Order cancelled
WOW what a dip! Dropped out of the wedge, below the 50 and 200 ema in a flash. I am out of here! Later nerds!
Note
This actually worked out LOL

Disclaimer

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.