Bitcoin Forms Right Shoulder of H&S on Weekly
Updated
Bitcoin Weekly Overview:
BTCUSD hits EMA-55 again
Bitcoin made a $40,0k shoulders line for H&S
and begins to form the right shoulder of the H&S in long
with a possible rise to the zone up to 53.0k
then from that zone there will be a descent to the shoulders line 40.0k
so that on Chinese New Year there will be a completion of the H&S
then we will watch how Bitcoin will work out the shoulders line ...
BTCUSD hits EMA-55 again
Bitcoin made a $40,0k shoulders line for H&S
and begins to form the right shoulder of the H&S in long
with a possible rise to the zone up to 53.0k
then from that zone there will be a descent to the shoulders line 40.0k
so that on Chinese New Year there will be a completion of the H&S
then we will watch how Bitcoin will work out the shoulders line ...
Note
* the shoulders line = NecklineNote
... detailed
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