BitcoinLong
Bitcoin Big Move .786 Fib Test Big H&S
Bitcoin on the 4H Time Frame
Testing the .786 Fibinachi resistance at 59.4k
Big Inverse Head And Sholders or Cup and Handle (If we discount the Left shoulder) forming on the 4H
1) Breakout Target 67000-71000
2) Breakdown & Rejection Target down at around 50k with a potential to test the EMA all the way at 41k Level.
Prepare your positions accordingly and enjoy the ride.
Testing the .786 Fibinachi resistance at 59.4k
Big Inverse Head And Sholders or Cup and Handle (If we discount the Left shoulder) forming on the 4H
1) Breakout Target 67000-71000
2) Breakdown & Rejection Target down at around 50k with a potential to test the EMA all the way at 41k Level.
Prepare your positions accordingly and enjoy the ride.
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