TradingView
YMGroup
Jun 23, 2022 3:34 PM

Reverse Head and Shoulders Pattern on BITCOIN Chart Long

Bitcoin / United States DollarCoinbase

Description

Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about BTC chart.

We can see on a chart reverse head and shoulders pattern with neckline around 22000 USD

This pattern is not 100% guarantee but I think btc will go higher in any case.

Because after such huge dump price need to make pullback up.

Target for long is around resistance zone 27000-28000 USD.

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !
Comments
pugsan
I see the same. Thank you. Followed.
Vibranium_Capital
@pugsan, good choice
UnknownUnicorn18117313
What kind of idiot goes long in a downtrend?
GUSION33
@phillipshin lol my sentiments exactly, I don’t think he’s seen the monthly chart.
adilsariyer97
@phillipshin, if you only buy during uptrends and sell during downtrends, I've got bad news regarding your IQ.
UnknownUnicorn18117313
@adilsariyer97, that so called "neckline" seems to also be an excellent spot to sell no? Seems pretty logical to me.
adilsariyer97
@phillipshin, my comments wasn't about this post, I just saw your ridiculous statement and replied it.
When it comes to this post though, I don't know about you but I would definitely consider opening a long position once it gets above the neckline and bounces off.
UnknownUnicorn18117313
@adilsariyer97, yeah but what kind of idiot goes long in an downtrend.
Arkansaw333
the heart
Ronbon
@phillipshin,
What kind of angry child makes uniformed, rude and ridiculous statements in Trading View comment sections when someone (likely a whole lot more successful & smarter than you) simply has a different opinion than you?
More