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/
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
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/
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.