TradingView
TradeSmart965
Sep 20, 2021 5:12 AM

BTC Current Status - update Long

Bitcoin / TetherUSBinance

Description

BTC is printing an inverse H&S in the weekly time frame, which is a bullish continuation pattern. Left shoulder can close near $42,500.
We will watch RSI for now to get an indication of breakout and strength of BTC.

If BTC managed to complete the pattern, the Target would be around $87,000.

Good Luck & Trade Smart.

Comment

Good Looking right shoulder, now lets go up to the neck line please ...

Trade active

Trade active

to the target and beyond BTC
Comments
saman-hoseinpour
look at the last wave buddy , it can't be a reverse head and shoulders because the last wave is bullish !
TradeSmart965
@saman-hoseinpour, continuation head and shoulders pattern
More