alexb123

Inverted H&S signals a recovery to $4350+

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COINBASE:BTCUSD   Bitcoin
A breakout past the neckline will need to be confirmed by strong volume, keep this in mind. Once confirmed, the price difference between the neckline and the head is the usual target ($4450) but I will set the target price to $4350+. I have purposely lowered the target to this level as we have to be very careful in these market conditions.

If you are going long, set stop losses below the right shoulder, but keep in mind bitcoin is very volatile right now and anything could happen.
Dagangan ditutup: sasaran tercapai:
there was another inverted H&S after the breakout failed on this one
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.