Technical targets in crypto usually don't work that good, but it can show us a logical trend to our graphs.
Note
We are forming an H&S with a head on 6500 area and shoulders on 6900, if we close on 7350 level, 6500 would probably be the bottom for the moment. with a target on 8k area. If it fails, then another rally to 6200 as we were waiting.
Note
target reached on 7500, lets wait for a market reaction before buying in, we probably won`t have a lower low.
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.