BTCUSD Bitcoin has a really interesting head and shoulders even on 1D.
The aggressive neckline has broken and provided 5.84% gains on a short.
Waiting for confirmation via:
1. Plan A: Bearish Retest of Neckline for short to possible pullback zones 25.2K and 24k levels
2. Plan B: Fake-out of Neckline for Long to first to 31k
Future markets open in about 3h 34m
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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注释
BTC is still in play for the Head & Shoulders.Huge pattern so taking time to develop.
Don't forget Plan A / Plan B from above and set your alerts.
Current price action:
注释
BTC is activating!Buildup underneath the broken neckline provides more leverage to short with confidence. Buildup Breakouts and Breakdowns have less of a chance to fake out.
It's all happening - set your alerts and ride the wave!
Here is an updated chart:
注释
BTC update to above idea.This update is showing a very important aspect as how to use
BTC as an indicator and confluence to time moves on #altcoins for 30% to 40% gains.Keep it real. Wait for your EDGE and EXECUTE. This requires PATIENCE and FOCUS.
If you like my ideas AND updates, please let me know.
I also wouldn't mind getting a Boost and Share within your network :) Thanks!
BTC updated chart:
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