My previous short target hit, albeit very quickly (see related idea). I'm waiting for us to creep back down to low 9k's/ high 8k's before we confirm whether or not we will continue this raunchy looking triangle. if the triangle is not to continue, we will fail to break 9500. This resistance may be encountered beginning at 9300+. Alts are showing more strength...
Long trade only if channel is broken and closed above trendline. Short if price break and close under shoulders and support :)
Risking a small scalp short on BTC, i want to short higher tbh but taking this one as well, if works it's good r-r if you are not risk taker then wait for right shoulder to form & then short instead of jumping the gun, i am adding small position here, if it all goes well will add bigger position on right shoulder :)
Just a quick one - Looks like a classic Head & Shoulders pattern forming on BTCUSD 15m at the moment. Crypto Scalper's showing a Short at the current price. Get in quick and ride it to the next support at $8400-$8500.
head and shoulders has formed on the 30m timeframe, possible short
Short in the short term. Expecting ranging for the next few weeks before some continuation higher. Expanding wedge leading into further sell off. Head and shoulders on shorter time frame just confirmed. Figured why not trade some Bitcoin during quarantine.
Hello traders, It looks like a double bottom and possibly a head and shoulders in either direction. Really strong resistance that will need to be tested again. -Live long and profit zm
Hi traders and crpyto friends it's BohemianCrypto, this is my humble analyst for next BTC moves based on Fib Retracement levels, important supports and possible H&S pattern.. After this weekend we will have a gap in CME BTC Futures market from 9.165 to the end of today candle, expecting around 8.300... This gap will be most likely filled... At the same time...
Based on the current pattern , the 10th March is a key date for Bitcoin. After a reasonable length of time the current head and shoulder pattern is almost near completion. For me the 10th March is showing as a key date , for this date the candle direction is of interest. Will it continue its downward direction and fizzle out under €6000 (indicated by 7 downside)...
Bitcoin is in a small H&S formation. The RHS has completed with the LHS in the process of playing out , in my oponion. If this is the case , the next support , resistence and support should mirror the RHS of the H&S ( give or take a couple of hundred) With the end of the quarter happening 28th of Feb, we have seen traders taking their quarterly profits. Buy in at...
Reversal pattern for EURNOK completed and ready to go. EURNOK analyze built reversal pattern what is a reversal pattern, Trend reversal patterns are essential indicators of the trend end and the start of a new movement. They are formed after the price level has reached its maximum value in the current trend. The main feature of trend reversal patterns is that...
Hello and have a good time. Head and Sholders,going to UP... GOOD LUCK.
Head and shoulders forming. Still a ways away to go for a breakthrough as it is the month view, but a downward channel ending one of the shoulders is a good sign. Do not sell yet unless you believe it’s a good idea