MohsenCapital

BTC SCENARIO UPDATE.1

Long
BITFINEX:BTCUSD   Bitcoin
Traders,

Here we have BTCUSD 4H chart.

Previously in the last idea about BTC did not predict the the lower vol to the market, But at least we had a neutral critical point at the yellow area here below kindly check it out, said that we have a double curve"wrong"


Now we have a possible strong pattern H&S not completed yet but I talking about all the probabilities here guys, so few weeks ago we have the same pattern, but bearish and now it's a bullish one (Leading to 7700$).

This idea does not mean that we are bullish with BTC but it's a temporary long touching the bearish trend from 12k top.

Regards,
Mohsen
Trade active:
1st possible stop 6650
Trade active:
6650$ Reached and it may side moves till neck line
Trade active:
Trade active
Trade closed: target reached

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