TradingView
Trading2ez
Jan 24, 2022 7:13 PM

BITCOIN - WILL we see 24k-12k? Short

Bitcoin / U.S. dollarBitstamp

Description

Hey tradomaniacs,

since the FED has announced its plan to tighten their monetary policy BTC/USD really suffers under the risk-off mood in the equity-market.

Technically we see an S/H/S-Pattern which is, according to the textbook aiming for the area of 24.000 (which would be an awesome discount).
On the daily-chart we have the risk of a double-top-pattern... if that one gets triggered Bitcoin could even drop down to 13.0000. oO

Just according to the textbooks... Not sure whether this is even possible.


What do you think and expect?

LEAVE A LIKE AND A COMMENT - I appreciate every support! =)


Peace and good trades
Irasor

Wanna see more? Don`t forget to follow me

Comment

Comments
semeteri
its no head and shoulder!!
Trading2ez
@semeteri, whatelse do you see then?
Ben_vouh
yep yep, nice!
Trading2ez
@Ben_vouh, nice chart brother thanks for sharing =)
More