I see a nice H&S bullish BTCI was waiting for this H&S and seems it will come through.
I wihs everyone will win !
Btcheadandshoulders
BTCUSDT Head & Shoulder patternHello dear Traders,
Here is a update on my previous BTC analysis. I might see a head & shoulder pattern occurring which is lining up with the 41.5K zone.
If you like my idea please like and feel free to comment for improvements on my technical analysis.
Stay safe and wish you the best!!
Kind regards
Cryptodjens
Litecoin H&S Formation GameplanHello Trader friends,
With massive increasing price, Litecoin became one of the interesting coins in this bull run.
This coin increased around 30% in between 24 hours and found itself a high around 274.6.
Then price started a correction and a left shoulder and a head formed.
I started to observe closely this price action and planned a strategy regarding this formation.
If price breaks below the trendline and retests, I will open a short position targeting around 50% Fibonacci level which is USD 242 .
My strategy
LTCUSD Short Position
Entry: 259
Target: 245-242
RSI divergence should be noted as well!
Stay safe and don't forget, you don't have just one opportunity. Relax and watch the price action!
Likes and comments are highly appreciated!
btc/usdhead and shoulders!!!!
Bitcoin with the pattern it has created, I think it is going to be a corrective move or a downtrend in general, so be careful in your trades.
comment your idea
bitcoin H&S patternhey guys here i draw my idea on #BTC H&S pattern. there is possible to change in right shoulder from current marked place to upper trend line support be aware of it.
Bitcoin BTC Head Shoulders Pattern On The 4 Hour ChartBitcoin looking to be creating a head and shoulders pattern on the 4 hours and the 1 hour this could be an indicator that bears are coming.
