Bitcoin Head and shoulder + Bearish divergence
Updated
Price creates a bearish formation and a strong bearish divergence on the daily time frame.
Head and shoulder formation also. Expecting a break out and a possible retest on the neckline. Target is around the 30k region in my opinion. Let me know what you think. Good luck
Head and shoulder formation also. Expecting a break out and a possible retest on the neckline. Target is around the 30k region in my opinion. Let me know what you think. Good luck
Trade closed: target reached
Done and done
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.