Hi, welcome back to my analysis.
In this chart, I have a good news and also a bad news for bitcoin.
The good news is, Bitcoin still inside channel up pattern. Maybe this week we still have small bearish to reach channel up support at 38396, and after that, BTC ready to fly to reach channel up resistance around 52K.
But I also have a bad news here,..
we can see inside channel up pattern, BTC perform new Head and Shoulders pattern. This is bad for bullish, because this pattern target at Jul support level around 29336.
Are you bullish or bearish? let me know at comment below
In this chart, I have a good news and also a bad news for bitcoin.
The good news is, Bitcoin still inside channel up pattern. Maybe this week we still have small bearish to reach channel up support at 38396, and after that, BTC ready to fly to reach channel up resistance around 52K.
But I also have a bad news here,..
we can see inside channel up pattern, BTC perform new Head and Shoulders pattern. This is bad for bullish, because this pattern target at Jul support level around 29336.
Are you bullish or bearish? let me know at comment below
Comment:
update analysis
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