Bitcoin 1D update:
Let's make a quick check on daily chart of CME Bitcoin Futures. Currently I can see developing Inverted H&S pattern, which can be a small part of bigger Head and Shoulders pattern.
From Jul till today we are in big Wedge.
Unclosed Gap at purp area near $11000.
On short-term we can wait for entries on levels from this chart:
Targets for H&S should be within $8400—9000 range.
Wedge target near Gap at $11600±200.
Good luck, stay profitable, this is ArtemCrypto
Let's make a quick check on daily chart of CME Bitcoin Futures. Currently I can see developing Inverted H&S pattern, which can be a small part of bigger Head and Shoulders pattern.
From Jul till today we are in big Wedge.
Unclosed Gap at purp area near $11000.
On short-term we can wait for entries on levels from this chart:
Wedge target near Gap at $11600±200.
Good luck, stay profitable, this is ArtemCrypto
Trade active:
Target 1 $8400
Trade closed: target reached:
Target 1 reached. Expect some sideways action within 7500-9000
Trade active
Trade closed: target reached:
Head and Shoulders target reached!
Comment:
Next price action to trade
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