BTC: $52K - $58K Accumulation Zone
H&S broke through the neckline (right chart) with a bear pennant on the 15min. (left chart). I sold around 
64K and am looking to re-enter somewhere between 
52K - 58K before the next leg up.
Always use caution and risk management in trading.
This is not financial advice. These are just my ideas and opinions.
64K and am looking to re-enter somewhere between 52K - 58K before the next leg up.Always use caution and risk management in trading.
This is not financial advice. These are just my ideas and opinions.
Note
BTC has temporarily broken above the neckline again, which can be a bullish sign, however, we also need to consider this trend line (see chart below). Watch for a potential breakout or another fall toward support (mid 50K area).
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.
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.