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?
Trade chiuso 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
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.
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
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.