Stewpercharged

H&S x 1 Month Lower Trend line x EMA Ribbon

BITSTAMP:BTCUSD   Bitcoin
Currently sitting on an apex of the overall lower trend line, the current H&S neck line which has been tested several times and the EMA ribbon.

1HR Candle closes below these we are Bears down to 31000, Closes above we could be Bullish to test resistance at 39800.

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.