Get started
syedmuneebali

Warning! Head & Shoulders in BTC/USD

Short
Bitcoin / Tether (KUCOIN:BTCUSDT)  
syedmuneebali  
KUCOIN:BTCUSDT   Bitcoin / Tether
Trend Analysis Chart Patterns BTCUSD btcshort
6
1
trendanalysis chartpattern btcusd btcshort
We're currently observing Head and Shoulders Pattern in hourly timeframe on BTC/USD. Bitcoin has broke down and is up for retest. Target is $47800 for now which aligns with the hourly 100 Exponential Moving Average.

Moreover, we're also observing Bearish Divergence on multiple timeframes.

Muneeb.

Related Ideas

syedmuneebali
Bitcoin sees a strong buying pressure with Dominance increased!
syedmuneebali
BTC bulls failed to claim this week! My Analysis on Bitcoin
syedmuneebali
Analysis played well for Bitcoin! Check what's coming next!
syedmuneebali
[Detailed Analysis on BTC/USD]: Price Action & My Opinion
syedmuneebali
[Detailed BTC Analysis] Sentiments changes but Technical don't!
syedmuneebali
"Bull Run has come to End!", Historic Data of Bitcoin suggests!
syedmuneebali
Bitcoin in Range: Can continue to be more bearish
syedmuneebali
Another Possible Scenario for BTCUSDT
syedmuneebali
Be cautious! Bitcoin can dump even more!
syedmuneebali
BTCUSDT on the verge of chaos!
syedmuneebali
Bearish Divergence of BTCUSDT spotted!
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.