BitcoinLong
BTC LONG SIGNAL?
Updated
Hi,
I have noticed that the BTC price correction below the trend line is very similar to what happened on the 27th feb till 1st of March. This could indicate a H&S playing out in the coming hours as of now and we could push to 55.4K then coming back to test 53.6k and then going once more to the upside and breaking back in the trend line for a new ATH. This is bullish as it signifies we are still in a bull run and it could mean an extended run for the alt coins!
I have noticed that the BTC price correction below the trend line is very similar to what happened on the 27th feb till 1st of March. This could indicate a H&S playing out in the coming hours as of now and we could push to 55.4K then coming back to test 53.6k and then going once more to the upside and breaking back in the trend line for a new ATH. This is bullish as it signifies we are still in a bull run and it could mean an extended run for the alt coins!
Note
Seems like we have completed the inverse H&S pattern!!Note
Now awaiting the breakout back to the upside and into the trend line
Related publications
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.