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Potential Inverse HNS. Target 44k
Bitcoin
Long
Potential Inverse HNS. Target 44k
By Juvssss
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Updated
May 24, 2021
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May 24, 2021
Hi everyone,
It's still early to tell but this is what I'm watching for the next few hours.
Still be cautious when trading.
Cheers,
May 24, 2021
Note
Updated pattern. New target at 46k
May 24, 2021
Note
Updated pattern. New target at 48k
May 25, 2021
Note
We're nearing 36k. We need to get a bounce to complete the right shoulder.
May 25, 2021
Note
We bounced off the 36k level. We need to hold this as support for a few more hours before we go to the up side and eventually reach our target
May 26, 2021
Note
Target to neckline reached! Pattern is now formed. Currently, we're getting resistance at 41k.
We're waiting for a breakout then a bounce to the neckline to confirm
May 27, 2021
Note
Failed to break the neckline. Currently finding support on the SuperTrend support line (green line) but may break to the downside.
Bitcoin (Cryptocurrency)
BTCUSD
Chart Patterns
Fibonacci Retracement
Technical Indicators
Inverse Head and Shoulders
Juvssss
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