weslad
Short

Bitcoin trading update

BINANCE:BTCUSDT   Bitcoin / TetherUS
Firstly, price approaching weak support zone .

More details will follow soon. But pending the time the chart is well clear and explanatory enough for possible tradable action.
Trade active: Spotted Potential SHS pattern. This pattern will likely form if price get rejected towards the immediate support zone.

Trade active: Let quickly visit the last analysis there is a section for this SHS there and this was planned to happen after the breakdown of the wedge, you can have a look at it here

And to know more about the analysis check it here
Trade active: Price struggling at the neckline of the SHS , let see what happen here

Trade active: Price will likely spend some time inside this triangle.

Trade active: Potential Inverse Head and shoulder detected on 15minutes timeframe, if this pattern play out will push BTC towards 7160$ zone.

Trade active:
Trade active: Price have not breakdown the neckline of this big SHS pattern it worth something to have in mind.

Trade active: The triangle i talk about is now in play, let see how long BTC will spend within this triangle before breakout.

Trade closed: target reached: Let me say immediate target of this analysis is achieved.

Keep an eyes for my new post on Bitcoin thanks for all the likes and loves.

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Comments

you're always amazing with your TA bro.
+6 Reply
weslad hssingh
@hssingh, thanks for your support always
Reply
We will get support soon, your analysis is excellent and great. I have tired it by using 4 different timeframes:
+4 Reply
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