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Bitcoin

Next Bounce for BTC

By HerukaOnline
Updated
BTC broke out of the head and shoulders earlier today (28/5). Measured moved target would be 34k. We have a lot of support in this region mostly from January 2021. Lot of trading volume in this range (32-34k). So we wait for a bounce (if there is on), then buy back in on the retest on the 4H timeframe.
Note
Price target, top of the neckline of the H&S (37k approx, but TP at 36k)
BTCbtcbounceChart PatternsTechnical IndicatorsTrend Analysis
HerukaOnline

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