it looks on weekly that making a good cup and handle. but I think it will come down to squeeze longs and and create proper cup handle and break upwards then it will make new highs ,
todays Pump of BTC according to weekly is still inside structure.
Im concern about about may be we are in Bull trap because this is how Head and shoulder build.may be we are going to make a head now. in BTC we made a reverse head and shoulder on weekly , we have left shouder and and head and also btc is about to make a shoulder which is downside .
im feeling its a bull trap ( knows and head and shoulders head )
Content to the point :
1. Making reverse head and shoulder
2. Double bottom
3. Breaked 0.236 and retest level 0.236 (confirmation candle)
4. TrendLine breaks
We Might expect highs
On weekly TF BTC making a Reverse Head & Shoulder pattern.
1. First left shoulder & Head is completed
2. Right shoulder is pending ( we might see downward move)
3. It looks like we might go very high prices in coming year .
I write Content to the point :
1. Trade is Going as planned so Far with tight stoploss .
2. Only News can Manuplate this trade.
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I write content to the point :
1. Trend line Breaks upward and retested
2. candle close above 0.236 level which is confirmational In candle stick pattern chart.
3. retraced from 0.786 level which is very bullish
Hold in Spot wallet for mid term holding for +100%
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