Hello
*First of all i am not an expert or anything, just someone that enjoy playing around with the chart using some basic technical analytics, so don't use my words to buy or sell.
Looks like BTC form a base, for a new reversal up trend, the shape of the base is not clear yet.
I think that we have a reversal H&S (see the 5min for clear view), where the head is $6021, and the predicted or projected price can be $9608 (+-100).
The shape is confirmed just after BTC convert the Resistance (red line) to a support
Happy trading
*Note: those info are just for sharing different thought in comments & learning.
*First of all i am not an expert or anything, just someone that enjoy playing around with the chart using some basic technical analytics, so don't use my words to buy or sell.
Looks like BTC form a base, for a new reversal up trend, the shape of the base is not clear yet.
I think that we have a reversal H&S (see the 5min for clear view), where the head is $6021, and the predicted or projected price can be $9608 (+-100).
The shape is confirmed just after BTC convert the Resistance (red line) to a support
Happy trading
*Note: those info are just for sharing different thought in comments & learning.
Comment:
Sorry, "Right Shoulder" in stead of "Left shoulder"