Lilalisa

Last chance for the big H & S

BITFINEX:BTCUSD   Bitcoin
Hello Friends, Traders and Interested,

again, and maybe the the last TA according to the big possible H & S which could bring us down to first 6 K or deeper to around 3K, which would both represent big support levels.

The decision, if this big H & S will work, we might see in the next few hrs., because on the right shoulder - site, actually the price is fighting for a breakout above the (small) inverted H & S ( right shoulder) neckline. If this happens confirmed, the big H & S is out of the discussion,...... in my opinion.
But if this inverted H & S wont work, the big H & S scenario is still possible.

Due to the worldwide risky market situation ( Trumps plans !!!) the cryptos might be a good invest for some people, should the markets crash. According to the actual stock situation, I will do a TA to the german DAX (GER30) Index in the next hour.

Maybe interesting, what we will see there and maybe also important for the crypto market.

Thanks, and as always, no trading advice, just educational. Trade on your won risk and trade safe.

Yours Sascha
A Like and a Follow makes me happy.
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.