BITCOIN (BTCUSD): Bearish Move is Coming?!
From the beginning of the year, Bitcoin is ranging.
This week, the price reached the range's resistance.
On intraday time frames the market formed a weird head and shoulders pattern.
42.900 - 43.500 is its neckline.
To catch a bearish move wait for a bearish breakout of the underlined neckline.
Then the price will drop at least to 40.300 level.
In case of a bullish breakout of the resistance of the range,
a bullish continuation will be expteced.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.