Bitcoin shows multiple confluences - both technical and fundamental - for playing out this idea here.
Watch for some extreme movement in the immediate future as it corresponds with the DXY chart.
This move would set up a bullish inverted head and shoulders structure that justifies a drop to a very key level - 14,600 to 15,000 - full recovery of these zones while simultaneously creating a justification despite bullish sentiments.
Watch for some extreme movement in the immediate future as it corresponds with the DXY chart.
This move would set up a bullish inverted head and shoulders structure that justifies a drop to a very key level - 14,600 to 15,000 - full recovery of these zones while simultaneously creating a justification despite bullish sentiments.
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.
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.