Bitcoin's 2-hour chart, which is a very standard head and shoulder bottom, is textbook-level.
It fits all the elements of the head and shoulder bottom. The right shoulder is higher than the left shoulder, after breaking back on the neckline, these are almost as described in the textbook.
But I suggest that you can't be taken seriously, the danger happens when you don't pay attention.
Strategy
1, head and shoulder bottom of the high point judgment, is generally 1-2 times the length of the head to neck line, so we can set the target of rise: $8,100, $8,940.
2, buy standard: One is the neck line support, do not fall below the neck line;
and second, macd forms a golden fork (dif wears dea). Meeting these two criteria is a buy signal.
But this is not the standard right-hand buy signal, the safest way to buy, break through the previous rally high, then the success rate will be greatly increased.
3. If you are annoyed by the failure to copy the bottom before, this time you will be eager to buy on the left, it will be very dangerous.
Trading is not about the gains or losses once, but at the overall gain. So I'm not going to take a risk because I know the right strategy, in the long run, it's going to be stable.
Note that if you want to trade, control your position (if you make a Futures Trading contract, control the leverage multiple) and set a stop loss. If you don't meet your goals, take profit in time.
It fits all the elements of the head and shoulder bottom. The right shoulder is higher than the left shoulder, after breaking back on the neckline, these are almost as described in the textbook.
But I suggest that you can't be taken seriously, the danger happens when you don't pay attention.
Strategy
1, head and shoulder bottom of the high point judgment, is generally 1-2 times the length of the head to neck line, so we can set the target of rise: $8,100, $8,940.
2, buy standard: One is the neck line support, do not fall below the neck line;
and second, macd forms a golden fork (dif wears dea). Meeting these two criteria is a buy signal.
But this is not the standard right-hand buy signal, the safest way to buy, break through the previous rally high, then the success rate will be greatly increased.
3. If you are annoyed by the failure to copy the bottom before, this time you will be eager to buy on the left, it will be very dangerous.
Trading is not about the gains or losses once, but at the overall gain. So I'm not going to take a risk because I know the right strategy, in the long run, it's going to be stable.
Note that if you want to trade, control your position (if you make a Futures Trading contract, control the leverage multiple) and set a stop loss. If you don't meet your goals, take profit in time.
30年的A股投资经历，水平虽然不高，但经验足够丰富。熊市避坑，牛市逃顶，对于新手可能有所帮助。
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
Related publications
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.
30年的A股投资经历，水平虽然不高，但经验足够丰富。熊市避坑，牛市逃顶，对于新手可能有所帮助。
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
需要每日分析，请搜索微信号peter-tqbj，需要股市投资建议搜索星球{抱团取暖，迎接A股牛市}，或者星球号64802450
Related publications
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.