Btc is drawing H&S right shoulder, Up to 47 the down 40K Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jan 16, 2022 8:07 PM

I expect BTC to rise to 47K and fall to 40K multiple times, drawing a triangle. At first it's a part of a triangle and then will rise to 57K to draw a head & shoulder. finally it will complete the right shoulder at 30K by the end of march.

Comments

kimstandgraph

⋅ Jan 17, 2022 1:06 AM

Good view

Mehrdad_Amini

⋅ Jan 19, 2022 9:48 AM

@kimstandgraph, Tnx :)

jdo85

⋅ Jan 16, 2022 8:14 PM

head and shoulders never play out very well on btc but falling wedges do !

Mehrdad_Amini

⋅ Jan 19, 2022 9:48 AM

@jdo85, Thnx for your comment and I'm really agree with falling wedge Idea