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leona802
May 26, 2021 11:44 AM

This is how I see bitcoin Long

Bitcoin / U.S. dollarBitstamp

Description

Hi guys I am a relatively a new trader so I thought I would give this a go.

Looking at the 4h chart I see bitcoin has played out a head and shoulder scenario.. now I think Bitcoin will repeat the same run up on the right hand side and go up to $42000 to test, than to $45000, than to $51000, than to $59000 and lastly the ATH. Once it breaks ATH it will go up further with no resistance. To me it will also come back and test the neck line which I feel is the support line. Please let me know your thoughts.

I am not a financial advisor or a broker, just would like some thoughts from others so I can learn more

Please be kind
Cheers
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