ShukriMahadi

New parabolic in the making??

Long
BITFINEX:BTCUSD   Bitcoin
BTCUSD

+ If price manage to breakout above the neckline of HNS price pattern, ill be looking for long term Bullish momentum.

+ If upon breaking price manage to stay above the neckline we might have a new parabolic upswing to previous high and beyond.

+ However if the neckline fail to hold as a support, then bullish pattern void.

Let's see.
Comment:
My previous analysis on bitcoin.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.