Not a clear cut trade, but good potential and reasonable R:R. Trade with cushion
Hey guys, this is how I'm going to play the inverse head and shoulders if it decides to act soon and doesn't get invalidated. That means that the price needs to stay above 3685 on Bitfinex. What do you guys think about my thoughts?
Hey guys, this is how I'm going to play the inverse head and shoulders if it decides to act soon and doesn't get invalidated. That means that the price needs to stay above 3685 on Bitfinex.
So then.... looks like NYE will be spent in front of the screens watching for some rather nice buyins on nearly all the pairs USDT pairs we been shorting bitcoin since 20k and showing u the likey places to bounce and get some scalping profits quick and easy im expecting the 9k level to hold BUT that aint gospel looking forward to some powerful price action to...
Looks like our favorite investment bank may be have even more of a down swing in store. This head and shoulders pattern looks pretty well defined. The current candle however is sitting on a support level around 170 but if that is breached then 150-152 may be in store. as the next stop.