Bitcoin CME Futures
Long
Updated

Bitcoin Daily Chart Update

1 416
Bitcoin 1D update:
Let's make a quick check on daily chart of CME Bitcoin Futures. Currently I can see developing Inverted H&S pattern, which can be a small part of bigger Head and Shoulders pattern.
From Jul till today we are in big Wedge.
Unclosed Gap at purp area near $11000.
On short-term we can wait for entries on levels from this chart: snapshot

Targets for H&S should be within $8400—9000 range.
Wedge target near Gap at $11600±200.


Good luck, stay profitable, this is ArtemCrypto
Trade active
Target 1 $8400
Trade closed: target reached
Target 1 reached. Expect some sideways action within 7500-9000
Trade active
Trade closed: target reached
Head and Shoulders target reached! snapshot
Note
Next price action to trade
Bitcoin — Bearish Engulfing, Bullish Structure

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