BTC nice Head and Shoulder forming?
Hello again my Friends, Traders and Interested,
just a very quick Update to BTC. Past months I did no actual TA according to BTC. But now I decided to do.
I see a nice H & S forming.
It would support the channels and trendlines. BTC actually inside a bigger ( blue lines ) ascending channel. I now see price moving down to the lower line. If it breaks downwards , target could be reached. More down afterwards possible.
I see a good long term buy at around 5 - 5.5 K.
Good luck to ya all outside.
As always, no trading advice, just educational. Trade safe and on your own risk.
A Like and follow will make me happy.
Sascha
just a very quick Update to BTC. Past months I did no actual TA according to BTC. But now I decided to do.
I see a nice H & S forming.
It would support the channels and trendlines. BTC actually inside a bigger ( blue lines ) ascending channel. I now see price moving down to the lower line. If it breaks downwards , target could be reached. More down afterwards possible.
I see a good long term buy at around 5 - 5.5 K.
Good luck to ya all outside.
As always, no trading advice, just educational. Trade safe and on your own risk.
A Like and follow will make me happy.
Sascha
Note
Hello my Friends,Failed Analysis. Next time , next try.
Trade safe outside there.
Yours Sascha
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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.