Just a random chart while i was going through BTC i do believe correct formation will be at 29k but a reversal from here is quite possible unless there is another dip in US market we should be good to go. What do others think about it? I'm new do correct me. Thanks

If 29k is coming then i do believe BTC will try to give a nice weekly closing then liquidate the new longs till 29k to complete the formation. Right shoulder 54 to 58k i think.

btcusdtanalysisChart PatternsTrend Analysis

Penafian