BitcoinUpdated BTC trade idea
Head and Shoulders pattern, which hints at a local pullback. It occurred to the blue zone, there is a zone of interest and increased liquidity.
For the coming hours, sellers will reduce the price to the blue zone.
Inside the day, a small retest to the corridor to MA 14 and MA 28 is also possible (the arrow indicates which one), i.e. to 9300.
According to the CCI, there is a hint of growth (local), but with a break of the level of -100 from bottom to top.
In another case, the price will decrease to 9000, and there it may already be lower.
For the coming hours, sellers will reduce the price to the blue zone.
Inside the day, a small retest to the corridor to MA 14 and MA 28 is also possible (the arrow indicates which one), i.e. to 9300.
According to the CCI, there is a hint of growth (local), but with a break of the level of -100 from bottom to top.
In another case, the price will decrease to 9000, and there it may already be lower.
Trade closed: target reached
Small retest to the corridor to MA 14 and MA 28 reached.
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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.
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.