Incase you haven't been watching the shorter timeframes...
My last two updates have been about BTC in the short term. First was a long and short setup in the immediate term, which played out as such:
Now, after the trade has played out, an interesting set-up occurs in the 4h : a bullish Inverse H&S Pattern.
However, one thing needs to happen for this pattern to translate into longer term upside - the support MUST hold. Since the right shoulder is already lower than the left, this means that a break under the support will invalidate the pattern.
Are you short or long on BTC in the medium term?
My last two updates have been about BTC in the short term. First was a long and short setup in the immediate term, which played out as such:
Now, after the trade has played out, an interesting set-up occurs in the 4h : a bullish Inverse H&S Pattern.
However, one thing needs to happen for this pattern to translate into longer term upside - the support MUST hold. Since the right shoulder is already lower than the left, this means that a break under the support will invalidate the pattern.
Are you short or long on BTC in the medium term?
Operación cerrada manualmente
Support did NOT hold, pattern invalidatedNota
BEARISH for the short and near term:
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.