On hourly chart Bitcoin has completed H&S pattern, also right shoulder had pushed down by resistance at 50EMA, and volume surge on breakout indicate short on Bitcoin..
Another confirmation can be made by formation of a bearish candle on hourly chart below neckline.
Target1 9800
Target2 9300
Target3 8800
SL at breakout 10,400.
Enter in trade if your analysis matches mine. Please Like for Alerts.
Another confirmation can be made by formation of a bearish candle on hourly chart below neckline.
Target1 9800
Target2 9300
Target3 8800
SL at breakout 10,400.
Enter in trade if your analysis matches mine. Please Like for Alerts.
Trade active
Book Profit..Trade closed: target reached
Target1 reached
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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.