Bitcoin
Long
Zaktualizowano

Inverse Head and Shoulder. Target 39K-40K

370
Hi everyone,

Thank you for considering reading my idea.

This is a separate update of my previous idea (see related idea below). My previous idea is that this could be an inverse head and shoulders pattern. I have been following this pattern since the formation of the head 2 days ago. Now, it seems like it's almost done forming the pattern. We should see a target of 39-40K (2.414 level of fib retracement)

Like this idea and follow me for more analysis like this. TAYOR.

Cheers,
Juvs
Uwaga
Added a long position near the point of the right shoulder. Now, we are now breaking the neckline. We want to see a test on the neckline before going back up

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Uwaga
We tested the neckline and we confirmed the pattern.

snapshot

This ascending triangle in 15m chart will help us reach the target.

BTCUSD 15m. Ascending Triangle. Short term target 38K
Uwaga
Still getting support in the neckline

snapshot
Uwaga
We keep getting rejected on the 37K level

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Uwaga
Target reached

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