Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Bitcoin just recently perfectly created and also already confirmed a quite nice inverted head and shoulders with the neckline being exactly at the $25000 area.
From a weekly perspective everything seems quite bullish overall so I am now just waiting for a retest of the neckline before I then do expect the next push towards the upside.
On the daily timeframe you can see that over the past couple of days Bitcoin has just been trading in a sideways range so I am also on the daily timeframe waiting for a retest of the $25000 area and then the next impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Bitcoin just recently perfectly created and also already confirmed a quite nice inverted head and shoulders with the neckline being exactly at the $25000 area.
From a weekly perspective everything seems quite bullish overall so I am now just waiting for a retest of the neckline before I then do expect the next push towards the upside.
On the daily timeframe you can see that over the past couple of days Bitcoin has just been trading in a sideways range so I am also on the daily timeframe waiting for a retest of the $25000 area and then the next impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
