pieisadope

Asian whales say a inv h/s in progress?

BITFINEX:BTCUSD   Bitcoin
So basically Asian whales pointed out an inv h/s is in progress. This is what I came up with as to where his neckline is most likely. You could use shorter time frames to have a bigger one but I prefer the daily as its a nice crisp neckline and the morphology is okay in my opinion. A dip to 8.2-8k is likely for a more complete right shoulder. I personally don't see this coming true ,but I can't ignore the KOREAN WHALE.

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.