Bitcoin / TetherUS
Long
Updated

REVERSE H&S FORMATION ON 4H CHART

189
BTC built reverse H&S formation on 4H chart and higher low formation on RSI (Blue Line). Also, as famous fund manager and BTC bull Thomas Lee says there is no triple top formation. It means 4th wave will get over the triple top. BTC may go sideways for one more week but eventually will break above 52500 resistance.
Note
Breaking above 52500 resistance was sooner than I expected. Next stop is new ATH

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.