Long

BTCUSD Can we have a more obvious signal for longing BTC?

Updated

Inverse head and shoulder. Huge volume breaks neckline.

Target 1: 7500
Target 2: 7800
Target 3: 8300

Note

Possible route.

snapshot

Note

Target correction
Target 1: 7350

snapshot

Note

Now btc is moving under the iH&S neckline. Very bearish move. It will trigger further capitulation if it breaks downward with huge volume.

Note

Hidden bullish divergence on 30-min chart. There is still possibility that we would see upward movement soon.

snapshot

We don't trade patterns. We draw them.

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