HiasFiat

BTC weekly

HiasFiat Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi, I found a MovingAverage fractal on the weekly chart, maybe we are on our way to test the weekly 100MA to confirm the bull market.
Also very interesting : the current neckline of the H&S pattern is almost parallel to the neckline of the H&S pattern in 2017/2018.
Comment:
Daily chart for abetter view of the 2 H&S. Daily 200MA is providing support at almost the same level as the 100MA on the weekly.
Comment:
Bullflag reversal zone, 1.618 fibonacci and 100MA
H&S technical target zone, 2.618 fibonnaci and 200MA
Fibbonaci is drawn on shorter timeframes.

Related Ideas

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.