Trendlines make more sense on linear chart recently for bitcoin.
I never trade chart patterns like this... They never work... Unless they are really clear, solid and obvious. This one looks like a clear inverted H&S to me so it is tradeable. I don't think we will reach as High as the target I mentioned above. But I think we can get as high as 4.800.
Safe bet would be to wait until we break that neckline and buying the breakout. Keep in mind that it is not a valid chart pattern until it breaks that neckline...
I never trade chart patterns like this... They never work... Unless they are really clear, solid and obvious. This one looks like a clear inverted H&S to me so it is tradeable. I don't think we will reach as High as the target I mentioned above. But I think we can get as high as 4.800.
Safe bet would be to wait until we break that neckline and buying the breakout. Keep in mind that it is not a valid chart pattern until it breaks that neckline...
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.