Watching BTC here for a Right shoulder to form in a inverse head and shoulder. will be watching closely for volume to come in at the bottom of the triangle.
Always Trade your own TA. I am a amateur trader just sharing ideas while trying to learn. Constructive criticism welcome!
Always Trade your own TA. I am a amateur trader just sharing ideas while trying to learn. Constructive criticism welcome!
Comment:
Left shoulder took a little over 12 days to form. right shoulder is approaching 12 days long. also declining seller volume, Watching closely here for buy volume to start coming in sometime in the next 24 hours hopefully and roll through the weekend. Careful of a breakdown from here though, could see us back in the 5k range
Trade active:
Took a little longer to get a good bounce but seeing a reversal candle stick and the bottom of the right shouldered hopefully. Watching closely here in case the bottom falls out but ready for some big volume to come in
Comment:
One hour chart. right shoulder waited through the weekend before bouncing Monday morning. Still need a lot more volume but If the volume comes in it should send us up through the top for a nice gain. There is a lot of resistance lvls that will need broken but this could be the start of a nice up trend.
One hour chart. right shoulder waited through the weekend before bouncing Monday morning. Still need a lot more volume but If the volume comes in it should send us up through the top for a nice gain. There is a lot of resistance lvls that will need broken but this could be the start of a nice up trend.
Comment:
Awesome burst.