The Head and shoulders pattern has formed in the trend. It is a pretty good reason to open a position to LONG. I am expecting from price to reach around $36000 - $38000. From there Bearish trend will begin to $20000 - $18000.
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.