It feels like the trade bots are really trying to complete this H&S (continuation). If Bitcoin loses support at $6k, a $5800 test will complete the H&S. If H&S is completed, we might expect the pullback to equal the height of the pump from $5800 to $8500 (+$2700). That's a $3500 target from current $6200 range.
I know, I know, "H&S doesn't happen at the bottom" you keep saying; but if we're not at the bottom, then that is logical fallacy. Until we are clearly out of range of it completing, then I'll continue to trade it like a H&S.
If a H&S pattern finishes where this trend says it shouldn't, then market manipulation is even more evident. Bye Bye any ETF talk for the rest of 2018.
Be prepared.
I know, I know, "H&S doesn't happen at the bottom" you keep saying; but if we're not at the bottom, then that is logical fallacy. Until we are clearly out of range of it completing, then I'll continue to trade it like a H&S.
If a H&S pattern finishes where this trend says it shouldn't, then market manipulation is even more evident. Bye Bye any ETF talk for the rest of 2018.
Be prepared.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.