BitcoinUpdated Higher time frame analysis for BTC
Here are some possibility.
Couple areas to look for longs or TP for shorts are:
-The right shoulder
-The completion of the AB=CD pattern.
Couple areas to look for longs or TP for shorts are:
-The right shoulder
-The completion of the AB=CD pattern.
Note
Note
Double bottom is valid for me as long as a candle doesn't close below USD3686.
Entry will be the next bar market.
Reason for entry: Double bottom at the right shoulder
SL: 3190
Note
Potential D completion of the bat pattern.
Will BTC wick down to form the double bottom or will it head toward D completion?
Note
Potential D completion of the butterfly pattern.
This will align with the double bottom on the right shoulder
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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.