Reverse head and shoulder formed with a neckline at 25000, whilst also compleating the bullish harmonic. Bitcoin is breaking through now with targets:
- 28000
- 31000
- 42000
- 28000
- 31000
- 42000
Note
Looking for a daily close above 25000. Yesterday ended up closing belowNote
First target reached!Note
Looks like accumulation. We break 28 we'll go straight to 31-32, then 35, then final target of 42.Note
As expected the accumulation has led to a breakthrough. I will update with another postNote
We've been floating around 35 and have just broken up. 42 is the next target
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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.