Here's a quick look at the 4 hr. BTC chart. As we can see, the price har recently printed a Head & shoulder pattern. The head and shoulder pattern Is a bearish chart pattern which has a high probability of breaking lower!
If the price breaks below the neckline, the price will probably end up in the support zone or even lower if the price doesn't hold the support zone.
If you're in a Long trade, then a break below the neckline should be your exit/sell.
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If the price breaks below the neckline, the price will probably end up in the support zone or even lower if the price doesn't hold the support zone.
If you're in a Long trade, then a break below the neckline should be your exit/sell.
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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🔥 Lifetime Premium Access – $99
BTC updates, altcoin setups, key levels, targets & educational posts.
🎖 Free Telegram: t.me/MBM_786kr
📩 To join Premium: DM @MBM786kr on Telegram
BTC updates, altcoin setups, key levels, targets & educational posts.
🎖 Free Telegram: t.me/MBM_786kr
📩 To join Premium: DM @MBM786kr on Telegram
Pubblicazioni correlate
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.