Bitcoin entry opportunity - LONG
Great buying opportunity. Risk/Reward = 3.5. You can expect a breakout of the red box or enter now.
Enter only on these pullbacks/throwbacks, otherwise it is very risky.
a head shoulder is active, with pullback. Possible targets marked with red. Medium term
two possibilities of entry to the short. The objectives are: First the yellow zone, if this is broken the lower red zone is enabled.
CONTINUATION TRIANGLE. in red the possible targets
we can see a possible triangle formation, we need that the superior support is not lost
We can see the Head and Shoulder estructure. big profits in the long term
This idea is invalidated if the BTC puts a strong sail with subsequent pullback, breaking the green line
SHOULDER HEAD SHOULDER. The market made a false break of the neck line to confuse the buyer but I think this is the real configuration
We can see two channel intersections, a central channel intersection, and the MA450 intersection. But, if it loses them we must leave the operation
SHS formation, what do you think?
Possible rounded ceiling - Short term