Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Head and shoulders pattern , 4H
Bitcoin / TetherUS
Short
Head and shoulders pattern , 4H
By TARGETS_2024
Follow
Follow
Updated
Feb 7
6
6
6
Feb 5
Hi
Bitcoin is forming a head and shoulders pattern on the 4-hour chart ,
If the trend is broken, it will drop to the level marked by the yellow arrow
This is what is clear at the moment
Thank you
Feb 5
Note
And also the bullish flag pattern
If the trend breaks up, it will rise to the price of 44k - 46k
This is short time technical analysis
Feb 7
Trade closed: target reached
Head and shoulders not achieved ,
But We see that the bullish flag pattern has been activated, as we said previously, in analyzing this chart, and the price reached 44 - 46.
Thank you
Feb 7
Note
Chart Patterns
Fundamental Analysis
Trend Analysis
TARGETS_2024
Follow
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
.