- Bitcoin in a clear head and shoulders formation and with the recent 12H close the pattern is almost confirmed (daily close full confirmation)
- normally I would be very sceptical of such patterns as they tend to be bear traps in an overall uptrend however this one might be different for two reasons:
1. btc´s top has been put in on Dec 17th (historically very important date)
2. SPX is trading in the same formation and already confirmed the breakdown on Friday (comments)
As long as Bitcoin is below 94k, risk remains to the downside.
- normally I would be very sceptical of such patterns as they tend to be bear traps in an overall uptrend however this one might be different for two reasons:
1. btc´s top has been put in on Dec 17th (historically very important date)
2. SPX is trading in the same formation and already confirmed the breakdown on Friday (comments)
As long as Bitcoin is below 94k, risk remains to the downside.
Dagangan aktif
SPX in the same formation.Dagangan ditutup: sasaran tercapai
.. will likely be a failure as well.
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.