This analysis is NOT intended as a trading recommendation, it is a personal analysis of the price behavior with the purpose of establishing a possible entry...

SHOULDER HEAD SHOULDER and PARALLEL CHANNEL
Apparently, a Shoulder Head Shoulder pattern has been forming, as we can now also see that a parallel channel trendline has also been broken. If the price breaks above 37856.67 it could be considered a long entry opportunity...

This analysis is NOT intended as a trading recommendation, it is a personal analysis of the price behavior with the purpose of establishing a possible entry...

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.