bilo2000

BTC IS ABOUT TO GET SHOT IN THE RIGHT SHOULDER

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
TAKE A LOOK AT THIS CHART WITH A LARGE INVERSE H&S FORMING, ONE COMPLETED H&S AND ONE SOON TO BE COMPLETE RIGHT SHOULDER OF ANOTHER HEAD AND SHOULDER.

SHOULD THIS RIGHT SHOULDER MATERIALISE AND COMPLETE THE H&S PATTERN, BTC WILL DROP TO $9,200-$9400 RANGE. PAY ATTENTION TO THE RED LINE I DREW AT THE TOP OF THE HEAD. IF BTC GOES ABOVE THAT LIGNE, WE ARE LOOKING A T A COMPLETED INVERSE H&S WHICH WILL THEN SEND BTC UP TO BETWEEN $10,300 AND $10,400.

NO SLEEP TONIGHT! THIS MOVE WHATEVER IT ENDS UP BEING WILL BRING DRAG THE ALTCOINS WITH IT.

GOOD LUCK AND IF YOU LIKE MY IDEAS, CHARTS AND COMMENTARY, PLEASE ENCOURAGE BY LIKING AND FOLLOWING ME ON TRADING VIEW.
Trade active: HERE WE GO. IF WE HAVE A STRONG CLOSE BELOW THE UPTREND BLACK LINE, TARGETS ARE GOOD TO GO

looking more like the right shoulder will complete but lets wait and see. if you want to short, wait below we have a solid close below the neckline and sell volume and momentum increases

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Excellent, as always!!!!
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