Bitcoin
Short

SHS correction

Zaktualizowano
Waiting for break of the skewed neckline.
1st target around 60k - fib 0.382 retracement - trendline
2nd target around 52k - fib 0.618 retracement - POC
Uwaga
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Breakthrough neckline and retesting it before further downside
Uwaga
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First target reached 🏁

Now we will see if the trendline will act as support otherwise it will be free fall to 52k
Uwaga
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Could be forming a small Inverse head and shoulders and continue up to test the upper parallel channel
Uwaga
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not quite the cleanest IHS but seems to have broken the downward trend and will try and drill through the 68k resistance, if so we will be onto new heights soon
Uwaga
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We actually had another IHS and now seems like it has the power to drill through the blocks of resistance
Uwaga
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Just testing the trendline again and it will resume upwards movement again
Uwaga
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Eagerly waiting for the breakout of the bullish wedge.
Daily EMA's are still clearly bullish
Uwaga
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here we go, breaking out of the wedge
Chart PatternsTrend Analysis

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