Bitcoin Daily Chart Update

Bitcoin 1D update:
Let's make a quick check on daily chart of CME Bitcoin Futures. Currently I can see developing Inverted H&S pattern, which can be a small part of bigger Head and Shoulders pattern.
From Jul till today we are in big Wedge.
Unclosed Gap at purp area near $11000.
On short-term we can wait for entries on levels from this chart:

Targets for H&S should be within $8400—9000 range.
Wedge target near Gap at $11600±200.

Good luck, stay profitable, this is ArtemCrypto

Zlecenie aktywne:

Target 1 $8400

Transakcja zamknięta: osiągnięto wyznaczony cel:

Target 1 reached. Expect some sideways action within 7500-9000

Zlecenie aktywne

Transakcja zamknięta: osiągnięto wyznaczony cel:

Head and Shoulders target reached!

Komentarz:

Next price action to trade