BTC SHOULD LAUNCH EVENTUALLY. TWO INVERSE H&S. 1.68 FIB BOUNCED
BTC has two inverse H&S right now with targets ~7300 and 9600. We bounced from the very long-time 1.68 Fibonacci which matched RSI 30 on daily. Dips being bought, and we see a strong bulls reaction on every drop.
If you already have a position, go get a cocktail and enjoy the summer, because it will take some time. I expect the right shoulder in the middle of July, so we have a plenty of time that we can spend on something way better than staring at the charts.
Trade big targets, big timeframes, earn big. Don't waste the time on charts less than 1 Day. 4H only if you are bored and want to see a live show, but don't trade small moves. In the long run, fewer trades make more money.
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
If you already have a position, go get a cocktail and enjoy the summer, because it will take some time. I expect the right shoulder in the middle of July, so we have a plenty of time that we can spend on something way better than staring at the charts.
Trade big targets, big timeframes, earn big. Don't waste the time on charts less than 1 Day. 4H only if you are bored and want to see a live show, but don't trade small moves. In the long run, fewer trades make more money.
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
Comment:
Bottomed!