FX4BTC

#BTC $BTCUSD Higher Low with Inverse Head and Shoulders Pattern

Long
FX4BTC Updated   
BITFINEX:BTCUSD   Bitcoin
Fundamentals: Google Trends for bitcoin has been decreasing , while new partnerships and exchanges continue to raise. Crypto is only growing and getting ready for the next bullrun
Technicals: Bull Run with consolidation. Inside Large Wedge, near bottom Wedge channel with a great opportunity to potentially buy the recent Higher Low.

The Risk/reward is excellent on this trade setup.
Comment:
No buyers found. The market continues to grind us lower to break our confidence.

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.