christian2001za

Fasten your seatbelts for BTC

Long
COINBASE:BTCUSD   Bitcoin
We've confirmed the 50 and 200 ema for the 4h chart as support and my head and shoulders as predicted 9 days ago is filling out nicely.. And furthermore a bullflag is forming on the daily chart! I believe that this will most likely cause btc to break out to the upside out of the bullflag and out of the neckline of this head and shoulders and then rally to the moooon. However... do be cautious as we can find heavy resistance at the neckline of the head and shoulders and if we fail this head and shoulders it could send us back down ut I don't see that happening.
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.