It is forming a Head and shoulder pattern.
** two candle break above the Right shoulder line will definitely break the pattern.
It is expected to reach up to 45000 - 44000 range.
And Breaking(Closing below) the RSI symmetrical pattern would confirm the fall of BTC to 45k level.
**This is my perspective and not a financial advice.
Happy trading!!
** two candle break above the Right shoulder line will definitely break the pattern.
It is expected to reach up to 45000 - 44000 range.
And Breaking(Closing below) the RSI symmetrical pattern would confirm the fall of BTC to 45k level.
**This is my perspective and not a financial advice.
Happy trading!!
Trade active:
Trade is still active and cheers for those who shorted it.