Morning folks,
So, yesterday was a lot of joy on BTC street as market finally has shown a kind of upside bounce. But the problem is we saw this kind of action a lot previously which usually was about the short squeeze and then everything returns back to its own.
Indeed, despite the action, BTC has not broken yet the bearish tendency and not even broken the triangle.
At the same time, our small H&S has worked perfect. Now, we see no reasons to ignore another one that might be forming, but of a larger scale. The result of this H&S pattern also will answer on the question, whether we could count on something more on the bullish side now.
So, yesterday was a lot of joy on BTC street as market finally has shown a kind of upside bounce. But the problem is we saw this kind of action a lot previously which usually was about the short squeeze and then everything returns back to its own.
Indeed, despite the action, BTC has not broken yet the bearish tendency and not even broken the triangle.
At the same time, our small H&S has worked perfect. Now, we see no reasons to ignore another one that might be forming, but of a larger scale. The result of this H&S pattern also will answer on the question, whether we could count on something more on the bullish side now.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.