Hello guys, in this little updates of Part II in Bitcoin, we have a potential buy of candlestick. Look out: In the H4 timeframe we have a bullish hammer with a large wick, that mean a possible change of trend or microtrend. \
So, this pattern it's a possible formation shoulder head shoulder inverted, and also, if you see in the Daily timeframe. we can see this possible pull back in the past break down the ascendent triangle
So, in conclusion, the bull doesn't want that bear going to down the price, there are a support and demand of the zone that Bull it's want to leave the price in the $9,350 USD.
So, this pattern it's a possible formation shoulder head shoulder inverted, and also, if you see in the Daily timeframe. we can see this possible pull back in the past break down the ascendent triangle
So, in conclusion, the bull doesn't want that bear going to down the price, there are a support and demand of the zone that Bull it's want to leave the price in the $9,350 USD.
Trade active:
At the moment, we continue in demand zone, but its important that is stay prepared, because there are 2 possibilities: The price is continue up abov of $9,200 USD or possible formation of Shoulder Head Shoulder. So, I not reccomend to not move the SL and stay and be patient.
At the moment, we continue in demand zone, but its important that is stay prepared, because there are 2 possibilities: The price is continue up abov of $9,200 USD or possible formation of Shoulder Head Shoulder. So, I not reccomend to not move the SL and stay and be patient.