Another way of looking at it, Inverse head and shoulders upwards
Note
The more i look at this graph . The more it looks like we will go past 8k . Why ? because even a small MACD cross on the 12 hour is a 2k drop.So we could be looking at a BTC drop past 8k. I could also be 'fudding' but that 12hour MACD cross usually results in a fall spread out over several days.

Note
BTC should start climbing in the next hour or so for about 8 hours .Note
But the 12 hour and 4 hour candles will drop one more candle in 150 mins time which can be challenging . We need to see BTC over 10430 for confirmation of movement upNote
n,BTC needs to get past that resistance at 10407 - seems to be having problems at this spotNote
one more dump in 50 mins then 8 hours of upwards movementNote
this next dump in 50 should be the last big dump for a whileNote
last dump for a while in progressNote
dump out of the way hopefully for the next 8 hours and BTC can now try for 106xxNote
Any Bull traps would be set at 106xx - but the road to 106xx looks clear currently.Disclaimer
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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.

