The inverse Head & Shoulders pattern seems almost complete while Bitcoin continues bullish.
It has been a long consolidation week but we still see the current candle trading at a higher low and above EMA10.
The immediate resistance is set at $21,200 followed by $23,500.
The main short-term target is set at ~$28,000...
After this level we look again at the chart to see what comes next.
The immediate support is set around $19,750 with very strong support at $17,550.
Namaste.
It has been a long consolidation week but we still see the current candle trading at a higher low and above EMA10.
The immediate resistance is set at $21,200 followed by $23,500.
The main short-term target is set at ~$28,000...
After this level we look again at the chart to see what comes next.
The immediate support is set around $19,750 with very strong support at $17,550.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
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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.