Bitcoin has been unstoppable, i think price is going to correct deeper before taking of to the moon and beyond.
Price has broken out of a HTF Reversal pattern structure - Ascending Wedge impulsively and showing continuation correction,
On the LTFs price shows Continuation Correction pattern - Ascending Channel which also broke out impulsively
I see a possible LTF head & shoulders pattern forming at the top of a possible HTF right shoulder giving extra confirmations.
I believe this move is going to be making the 3rd touch to the HTF Bullish Descending Wedge in a demand zone which will take Bitty to the moon
Any feedback would be great
Price has broken out of a HTF Reversal pattern structure - Ascending Wedge impulsively and showing continuation correction,
On the LTFs price shows Continuation Correction pattern - Ascending Channel which also broke out impulsively
I see a possible LTF head & shoulders pattern forming at the top of a possible HTF right shoulder giving extra confirmations.
I believe this move is going to be making the 3rd touch to the HTF Bullish Descending Wedge in a demand zone which will take Bitty to the moon
Any feedback would be great
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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.