Morning folks,
Today we consider small pattern but with huge potential. At first glance, this is just reverse H&S with potential entry area around 31K and target around 34-35K that could become the top of right wing of the pattern from our pervious idea before drop to 26 or maybe 24K area.
But, July could become decisive month for BTC as we could get bullish grabber on monthly chart, that suggests return back to ATM top. What events, news or speeches will stand behind it - I do not know. But, this reverse H&S pattern potentially could become the turning point.
We intend to go step by step and focus first on nearest target, but still be prepared to positive surprises...
Today we consider small pattern but with huge potential. At first glance, this is just reverse H&S with potential entry area around 31K and target around 34-35K that could become the top of right wing of the pattern from our pervious idea before drop to 26 or maybe 24K area.
But, July could become decisive month for BTC as we could get bullish grabber on monthly chart, that suggests return back to ATM top. What events, news or speeches will stand behind it - I do not know. But, this reverse H&S pattern potentially could become the turning point.
We intend to go step by step and focus first on nearest target, but still be prepared to positive surprises...
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/
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
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/
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.